Raytheon US$1.25bn revolving credit facility
- Issuer or borrower
- Raytheon Company
- Date
- 30 Sep 2019
- Amount
- US$1.25bn
- Type
- Bank facility
- Structure
- Unsecured competitive advance and revolving credit facility with a US$500m letter of credit sublimit; JPMorgan Chase Bank administrative agent
- Pricing
- Margin over base or Eurodollar rate on a credit-rating grid; competitive bid option
- Maturity
- 2021-11-15
- Purpose
- Replaces the 2015 five-year facility and extends maturity from November 2020 to November 2021
- Lenders and arrangers
- JPMorgan Chase Bank (administrative agent) and bank group
- Country
- United States
Sources
- Raytheon Company Form 8-K: new credit agreement sec.gov · 3 Oct 2019
Checked against the documents above. Record DEF-2019-0007.
M&A and investment involving Raytheon Company
| Date | Deal | Type | Value |
|---|---|---|---|
| 3 Apr 2020 | United Technologies and Raytheon merger (Raytheon Technologies) | M&A | Not disclosed |
