Harris Corp. closed its offering of $850 million in 4.400% notes due 2028.
The net proceeds will be used for the redemption of $400 million aggregate principal amount of the 4.40% notes due December 2020 and $400 million aggregate principal amount of the 5.55% notes due October 2021.
Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities and Merrill Lynch Pierce Fenner & Smith Inc. acted as the underwriters for the offering.
Harris Corp. provides technology-based solutions in three segments: communication systems, electronic systems, and space and intelligence systems.
