Huntington Ingalls Industries Announces $1 Billion Commercial Paper Note Program
2019年9月24日 - 10:24PM
Huntington Ingalls Industries, Inc. (NYSE:HII) (the “Company”)
announced today that it has established an unsecured commercial
paper note program in the United States.
Under the terms of the program, the Company may issue from time
to time unsecured commercial paper notes up to a maximum aggregate
amount outstanding at any time of $1 billion. The notes will be
sold under customary terms in the United States commercial paper
note market and will rank pari passu with all of the Company’s
other unsecured senior indebtedness. The notes will be fully and
unconditionally guaranteed by certain wholly owned subsidiaries of
the Company. The proceeds of the notes will be used for general
corporate purposes.
The notes and the guarantee to be offered under the commercial
paper note program have not been and will not be registered under
the Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable
exemption from registration requirements. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy the notes under the Company’s commercial paper note
program.
Huntington Ingalls Industries is America’s largest military
shipbuilding company and a provider of professional services to
partners in government and industry. For more than a century, HII’s
Newport News and Ingalls shipbuilding divisions in Virginia and
Mississippi have built more ships in more ship classes than any
other U.S. naval shipbuilder. HII’s Technical Solutions division
provides a wide range of professional services through its Fleet
Support, Mission Driven Innovative Solutions, Nuclear &
Environmental, and Oil & Gas groups. Headquartered in Newport
News, Virginia, HII employs more than 41,000 people operating both
domestically and internationally. For more information, visit:
- HII on the web: www.huntingtoningalls.com
- HII on Facebook:
www.facebook.com/HuntingtonIngallsIndustries
- HII on Twitter: twitter.com/hiindustries
Forward-Looking Statements
Statements in this release, other than statements of historical
fact, constitute “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. You should
not place undue reliance on any forward-looking statements that the
Company may make.
Contact:
D. R. (Rick) Wyattrick.wyatt@hii-co.com757-380-2101
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