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L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

L3Harris Technologies, Inc.
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Filing date:

02/21/2025

TLDR:

L3Harris Technologies, Inc. established a new $2.5 billion revolving credit facility and a new $500 million 364-day credit facility, replacing prior credit agreements.

ELI5:

L3Harris got two new lines of credit to borrow money when they need it. One lasts for 5 years and allows them to borrow up to $2.5 billion, and the other lasts for 364 days and allows them to borrow up to $500 million. They are replacing older, similar credit lines with these new ones.

Accession #:

0001104659-25-016161

Published on

Analyst Summary

  • L3Harris Technologies, Inc. entered into a new $2.5 billion, five-year senior unsecured revolving credit facility on February 18, 2025.
  • The new revolving credit facility replaces the prior $2 billion, five-year senior unsecured revolving credit facility established in 2022.
  • L3Harris also established a new $500 million, 364-day senior unsecured revolving credit facility on February 18, 2025.
  • The new 364-day credit facility replaces the prior $1.5 billion 364-day senior unsecured revolving credit facility established in January 2024.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️