Lockheed Martin launches $1.5 bln debt in 2 parts

Fri Nov 13, 2009 12:45pm EST
 
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NEW YORK, Nov 13 (Reuters) - Lockheed Martin Corp (LMT.N) on Friday launched $1.5 billion of debt in a two-part sale, said IFR, a Thomson Reuters service.

The offering includes $900 million of 10-year notes expected to yield 93 basis points over comparable U.S. Treasuries and $600 million of 30-year bonds expected to yield 120 basis points over Treasuries. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

 

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