Northrop Grumman Corporation has announced a significant financial move with the issuance of $1 billion in senior notes, consisting of $500 million in 4.650% senior notes due 2030 and another $500 million in 5.250% senior notes due 2035. These notes were issued under an existing indenture framework, which has been supplemented multiple times, the latest being the Thirteenth Supplemental Indenture dated May 29, 2025. The issuance was facilitated by an underwriting agreement with Mizuho Securities USA LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC. The notes are set to mature in July 2030 and July 2035, respectively, unless redeemed earlier by the company. This issuance underscores Northrop Grumman's strategic financial planning and its ongoing relationship with major financial institutions.
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