Lockheed Martin Corp. gross proceeds of $989.2 million from an offering of 3.80% notes due 2045.
The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, redemption or repayment of debt securities, acquisitions or investments, and repurchase of securities.
Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC were the lead underwriters.
ANZ Securities Inc., Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Drexel Hamilton LLC, Lebenthal & Co. LLC, Lloyds Securities Inc., Loop Capital Markets LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets LLC, RBS Securities Inc., SMBC Nikko Securities America Inc., Williams Capital Group LP and U.S. Bancorp Investments Inc. also served as underwriters for the offering.