Lockheed Martin bought back about $1.9 billion of its outstanding debt issues, completing a debt tender offer announced last month

LOCKHEED MARTIN bought back about $1.9 billion of its outstanding debt issues, completing a debt tender offer announced last month. The company said it will take a one-time charge of $95 million in the fourth quarter, related to the transaction. The debt retirement should cut annual interest expense...

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.