In Brief: Lockheed Martin completes sale of $1 billion in convertible bonds

SALE COMPLETE: Lockheed Martin has completed the sale of $1 billion worth of 30-year convertible bonds, $150 million more than it had expected, the company said Aug. 13. Proceeds will be used for "general corporate" purposes, such as debt reduction, working capital, capital spending or acquisitions...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.