Motorola Solutions plans senior note sale in three tranches

By Aleesia Forni

Virginia Beach, Aug. 12 – Motorola Solutions Inc. is in Tuesday’s market with a three-tranche senior notes offering, according to a 424B5 filed with the Securities and Exchange Commission.

BofA Merrill Lynch, Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are the bookrunners.

Proceeds will be used for general corporate purposes, including pension contributions and the redemption of the company’s $400 million 6% senior notes due 2017.

The communications technology company is based in Schaumburg, Ill.

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