Huntington Ingalls to redeem $600 million of 5% notes via new notes

By Wendy Van Sickle

Columbus, Ohio, Nov. 16 – Huntington Ingalls Industries, Inc. plans to redeem all $600 million of its 5% senior notes due 2021 with some proceeds of an offering of new notes, according to a press release.

Remaining proceeds will be used for general corporate purposes.

Based in Newport News, Va., Huntington Ingalls Industries designs, builds and manages the life-cycle of nuclear and conventionally powered ships for the U.S. Navy and the U.S. Coast Guard.

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