General Dynamics to redeem three series of notes via new offering

By Tali David

Minneapolis, Nov. 1 - General Dynamics Corp. plans to use the proceeds of its new note offering to redeem $1 billion of its 4.25% notes due 2013, $1 billion of its 5.25% notes due 2014 and $400 million of its 5.375% notes due 2015, according to a 424B5 filed with the Securities and Exchange Commission.

The proceeds will also be used for general corporate purposes.

Based in Falls Church, Va., General Dynamics offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction; and information systems, technologies and services.

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