Boeing-Lockheed JV ULA to issue $500M private placement bond
BA Boeing Co
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- 1United Launch Alliance is planning a roughly $500M private placement bond to refinance existing debt
- 2The rocket joint venture is owned by Boeing and Lockheed Martin, with Mizuho, Bank of America and Wells Fargo arranging the deal
- 3It will be sold directly to institutions as a pure private placement, with no public registration or offering, avoiding the volatility of a public deal
This 3-line summary is compiled from the report below.
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