New York, Nov. 16 – Huntington Ingalls Industries, Inc. priced $600 million of 3.483% senior notes (/BBB-/BBB-) due 2027.
The offering was brought to market under Rule 144A and Regulation S.
Proceeds will be used to redeem all of the company’s $600 million 5% senior notes due 2021 and for general corporate purposes.
Further details were not immediately available.
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.
| Issuer: | Huntington Ingalls Industries, Inc.
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| Issue: | Senior notes
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| Amount: | $600 million
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| Maturity: | 2027
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| Coupon: | 3.483%
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| Ratings: | S&P: BBB-
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| Fitch: BBB-
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| Pricing date: | Nov. 16
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| Settlement date: | Dec. 1
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| Distribution: | Rule 144A, Regulation S
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| Marketing: | Quick to market
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