HII Announces Pricing of 5% Senior Notes Due 2021

Maritime Activity Reports, Inc.

November 19, 2014

Photo courtesy of Huntington Ingalls Industries

Photo courtesy of Huntington Ingalls Industries

Huntington Ingalls Industries, Inc. (HII) announced today that it will sell $600 million aggregate principal amount of 5% senior notes due 2021 at a price of 100% of the par value.

The company said it intends to use the net proceeds from the sale of the notes to pay the consideration for the previously announced cash tender offer and consent solicitation with respect to HII's outstanding 6.875% senior notes due 2018, plus fees and expenses, and, if all 2018 notes are not tendered pursuant to the tender offer and consent solicitation, to fund the redemption of all 2018 notes that remain outstanding after the completion of the tender offer and consent solicitation.

Maritime Reporter Magazine Cover May 2019 - Propulsion Annual - Green Marine Tech

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News