Market Overview

L-3 Communications Initiates Redemption of All of Its Remaining Outstanding 6⅜% Senior Subordinated Notes Due 2015

L-3 Communications (NYSE: LLL) announced today that L-3
Communications Corporation, its wholly owned subsidiary, has initiated a
redemption of its remaining outstanding $250 million of 6⅜% Senior
Subordinated Notes due in 2015 (the “Notes”).

The Notes will be redeemed on October 15, 2012 (the “Redemption Date”),
at a redemption price of 101.063% of the principal amount thereof, plus
accrued and unpaid interest, to but not including the Redemption Date.
On or before October 15, 2012, the Notes should be presented to The Bank
of New York Mellon, as paying agent for the redemption, at the address
set forth in the Notice of Redemption for the Notes. The Notice of
Redemption for the Notes was sent to all registered holders

See full press release

Posted-In: News Asset Sales

 

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