Northrop Grumman (NYSE: NOC) has released the following financial statement regarding a planned debt offering:
“The NGSC Offers for $1.919 billion of NGSC debt securities (Notes) will terminate at 5 p.m., New York City time, on Nov. 8, 2010, unless terminated earlier or extended by NGSC. The NGSB Offer for $200 million of Gulf Opportunity Zone Industrial Development Revenue Bonds (GoZone bonds) will terminate at 11:59 p.m., New York City time, on Nov. 30, 2010, unless terminated earlier or extended by NGSB. The GoZone bonds were issued by Mississippi Business Finance Corporation, and the proceeds of the issuance were loaned to NGSB. The tender offers are not conditioned on any minimum amount of securities being tendered.”
For more details, click here to read the press release.
