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Lockheed Martin Raises $2B In Bond Sale

Lockheed Martin Corp. has raised $2 billion through a three-part bond sale.

    Lockheed Martin Corp.has raised $2 billion through a three-part bond sale,Bloombergreports. The sale included $500 million five-, $900 million 10- and $600 million 30-year notes.

    The global security and information technology company will use the proceeds from the offering to redeem its outstanding debt.CitigroupandJP Morgan Chase & Co.are the bookrunners on the sale, addsThe Wall Street Journal.

    Click here for the story fromBloomberg.

    Click here for additional coverage fromThe Wall Street Journal.

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