trending Market Intelligence /marketintelligence/en/news-insights/trending/I5rwyes4dsAlYf-vi8EteQ2 content esgSubNav
In This List

Lockheed Martin grosses $1.25 billion from debt offering

Podcast

Street Talk Episode 78: The case to build deposits in a market flush with cash

Podcast

Street Talk Episode 79: More attractive premiums for bank M&A targets coming

Research

Foreign Brokers, Fish out of Water in China Market?

Blog

Investment Banking Essentials Newsletter: June Edition, Part - 2


Lockheed Martin grosses $1.25 billion from debt offering

Lockheed Martin Corp. raised gross proceeds of $1.25 billion from an offering of 2.50% senior unsecured notes due Nov. 23, 2020.

The company plans to use the proceeds for general corporate purposes or working capital and redemption or repayment of debt securities.

Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Lloyds Securities Inc., Merrill Lynch Pierce Fenner & Smith Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC were the lead underwriters.

Academy Securities Inc., ANZ Securities Inc., Barclays Capital Inc., Blaylock Beal Van LLC, CL King & Associates Inc., Drexel Hamilton LLC, Mischler Financial Group Inc., RBC Capital Markets LLC, Samuel A. Ramirez & Co. Inc., Siebert Cisneros Shank & Co. L.L.C., SMBC Nikko Securities America Inc., TD Securities (USA) LLC, Williams Capital Group LP and UniCredit Capital Markets LLC also served as underwriters for the offering.