Northrop Grumman Amends Revolving Credit Facility
13 Août 2007 - 2:00PM
PR Newswire (US)
LOS ANGELES, Aug. 13 /PRNewswire-FirstCall/ -- Northrop Grumman
Corporation (NYSE:NOC) today announced that it has extended the
maturity of its $2 billion senior unsecured revolving credit
facility from August 5, 2010 to August 10, 2012. In addition, the
credit facility has been amended to improve pricing terms and
reduce facility fees in recognition of favorable market conditions
and the company's improved credit rating. Borrowings under the
credit facility bear interest at various rates, including the
London Interbank Offered Rate, plus an incremental margin. Northrop
Grumman Corporation is a $30 billion global defense and technology
company whose 120,000 employees provide innovative systems,
products, and solutions in information and services, electronics,
aerospace and shipbuilding to government and commercial customers
worldwide. Contact: Dan McClain (Media) (310)201-3335 Gaston Kent
(Investors) (310)201-3423 DATASOURCE: Northrop Grumman Corporation
CONTACT: Media, Dan McClain, +1-310-201-3335, or Investors, Gaston
Kent, +1-310-201-3423, both of Northrop Grumman Corporation Web
site: http://www.northropgrumman.com/
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