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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lanebury Growth Capital Ltd | CSE:LLL | CSE | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.085 | 0.085 | 0.14 | 0 | 21:42:10 |
From Jul 2019 to Jul 2024
DOW JONES NEWSWIRES
L-3 Communications Holdings Inc. (LLL) announced plans to sell $750 million of notes in a private placement to qualified institutional investors.
Proceeds, along with cash on hand, will go to redeem $750 million of notes due in 2012 and repay a $650 million loan. As such, it also will replace its $1 billion credit line with a 3-year one of at least $750 million.
Many companies have been selling new debt and/or stock in recent months to pay off near-term borrowings. As of June 30, L-3 had $4.5 billion of long-term debt.
The aircraft-maintenance contractor has seen profit continue to rise amid consistent revenue gains. Shares closed Monday at $79.99 and were inactive premarket.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com
1 Year Lanebury Growth Capital Chart |
1 Month Lanebury Growth Capital Chart |
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