The Firm represented L3Harris Technologies, Inc. (“L3Harris”) in connection with its SEC registered offering of $3.25 billion in aggregate principal amount of notes, consisting of $1,250,000,000 aggregate principal amount of 5.4% notes due 2027, $1,500,000,000 aggregate principal amount of 5.4% notes due 2033 and $500,000,000 aggregate principal amount of 5.6% notes due 2053. L3Harris used the net proceeds of the offering, along with borrowings under its 364-day revolving credit facility, to fund the approximately $4.7 billion cash purchase price for the acquisition of Aerojet Rocketdyne Holdings, Inc.
L3Harris Technologies is the “Trusted Disruptor” for the global aerospace and defense industry. With customers’ mission-critical needs always in mind, its more than 50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.
The Simpson Thacher team included Mark Brod, Arielle L. Katzman, Michael Kang and Natalie Sherburne (Capital Markets); and Sophie Staples and Lina Pan (Tax).