New Issue-Raytheon sells $500 mln in 10-yr notes

Nov 12 (Reuters) - Raytheon Co (RTN.N) on Thursday sold
$500 million of notes, said IFR, a Thomson Reuters service.

Bank of America and JPMorgan were the joint bookrunning
managers for the sale.
BORROWER: RAYTHEON COMPANY
AMT $500 MLN COUPON 4.40 PCT MATURITY 2/15/2020
TYPE NOTES ISS PRICE 99.755 FIRST PAY 8/15/2010
MOODY'S Baa1 YIELD 4.428 PCT SETTLEMENT 11/19/2009
S&P A-MINUS SPREAD 95 BPS PAY FREQ SEMI-ANNUAL
FITCH A-MINUS MORE THAN TREAS MAKE-WHOLE CALL 20 BPS