Midday Commentary: High-grade secondary market sees Motorola Solutions notes firm in trading

By Aleesia Forni

Columbus, Ohio, Feb. 26 - Motorola Solutions Inc.'s $600 million of 3.5% 10-year senior notes was trading better early Tuesday, a trader said.

The notes were quoted at 168 bps bid, 173 bps offered at midday following Monday's pricing with a spread of Treasuries plus 175 bps.

A trader saw the notes at 175 bps offered late during Monday's session.

The communications technology company is based in Schaumburg, Ill.

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