Issuer:
|
L-3 Communications Corporation | |
Security Type:
|
Senior Unsecured Notes | |
Principal Amount:
|
$500,000,000 | |
Ratings (Moodys/ S&P / Fitch):*
|
Baa3/ BBB-/ BBB- | |
Maturity Date:
|
November 15, 2016 | |
Trade Date:
|
November 17, 2011 | |
Settlement Date:
|
November 22, 2011; T+3 | |
Interest Payment Dates:
|
May 15 and November 15, commencing on May 15, 2012 | |
Interest Rate:
|
3.95% | |
Yield to Maturity:
|
4.113% | |
Spread to Benchmark Treasury:
|
T+325 bps | |
Benchmark Treasury:
|
1.000% due October 31, 2016 | |
Benchmark Treasury Price and
Yield:
|
100−211/4 / 0.863% | |
Price to Public
|
99.273% | |
Optional Redemption:
|
Make-whole redemption at T+50 bps at any time prior to maturity. | |
CUSIP / ISIN:
|
502413 BB2 / US502413BB28 | |
Joint Book-Running Managers:
|
Merrill Lynch, Pierce, Fenner & Smith | |
Incorporated | ||
Barclays Capital Inc. | ||
Deutsche Bank Securities Inc. | ||
Scotia Capital (USA) Inc | ||
SunTrust Robinson Humphrey, Inc. | ||
Wells Fargo Securities, LLC | ||
Joint Lead Managers:
|
Mitsubishi UFJ Securities (USA), Inc. | |
Calyon Securities (USA) Inc. |
Co-Managers:
|
ANZ Securities, Inc. | |
BNY Mellon Capital Markets, LLC | ||
Comerica Securities Inc. | ||
HSBC Securities (USA) Inc. | ||
SMBC Nikko Capital Markets Limited | ||
U.S. Bancorp Investments Inc. |
* | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |