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Published on 5/24/2018 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Harris sets June 22 redemption date for all 4.4%, 5.55% notes

By Wendy Van Sickle

Columbus, Ohio, May 24 – Harris Corp. issued notices to redeem in full on June 22 its $400 million of 4.4% notes due December 2020 and $400 million of 5.55% notes due October 2021, according to a 424B3 filing with the Securities and Exchange Commission.

The notes will be redeemed at a make-whole redemption price.

As previously reported, the company plans to use proceeds from its recent sale of $850 million of 4.4% 10-year senior notes to help fund the redemptions.

The communications and information company is based in Melbourne, Fla.


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