United Launch Alliance Seeks $500 Million Bond Sale to Refinance Debt
Updated
Updated · Bloomberg · Aug 5
United Launch Alliance Seeks $500 Million Bond Sale to Refinance Debt
1 articles · Updated · Bloomberg · Aug 5
Summary
$500 million is the target size of a private bond sale United Launch Alliance is preparing to refinance existing debt, according to people familiar with the matter.
The Boeing-Lockheed Martin joint venture is tapping the private market rather than a public offering as it looks to reshape its balance sheet.
ULA provides rocket launches for the US military and commercial customers including Amazon, placing the refinancing at a key supplier in both defense and space commerce.