Huntington Ingalls Industries, Inc. Announces Redemption of 5.000% Notes Due 2025
10/16/2020 - 08:30 AM
NEWPORT NEWS, Va., Oct. 16, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries, Inc. (NYSE: HII) today announced that it has given notice of the redemption of its outstanding 5.000% senior unsecured notes due 2025 (the “2025 Notes”).
As of Oct. 16, 2020, approximately $600 million in aggregate principal amount of the 2025 Notes is outstanding. In accordance with the terms of the indenture governing the 2025 Notes, they will be redeemed on Nov. 15, 2020 (the “Redemption Date”) for an aggregate redemption price equal to 102.5% of the principal amount of the 2025 Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date. The Bank of New York Mellon, the trustee for the 2025 Notes, is delivering a Notice of Redemption to all registered holders of the 2025 Notes today. Copies of the Notice of Redemption and additional information relating to the procedure for redemption of the 2025 Notes may be obtained from The Bank of New York Mellon, by calling (412) 236-1201.
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 supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 42,000 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: www.twitter.com/hiindustries • HII on YouTube: www.youtube.com/huntingtoningalls • HII on Instagram: www.instagram.com/huntingtoningalls
Contact: Jerri Fuller Dickseski (Media) jerri.dickseski@hii-co.com 757-380-2341
Rick Wyatt (Bond Investors) Rick.Wyatt@hii-co.com 757-380-2101
Huntington Ingalls Industries Inc
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Ship Building and Repairing
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Manufacturing
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Electronic Technology, Aerospace & Defense, Manufacturing, Ship Building and Repairing
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US
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Newport News
About HII
huntington ingalls industries is america's largest military shipbuilding company and a provider of engineering, manufacturing and management services to the nuclear energy, oil and gas markets. 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. headquartered in newport news, virginia, hii employs approximately 37,000 people operating both domestically and internationally. divisions: ingalls shipbuilding, newport news shipbuilding subsidiaries: amsec llc, continental maritime san diego (cmsd), newport news industrial, newport news nuclear, newport news energy, stoller newport news nuclear (sn3)