RTX offers five series of fixed-rate notes

By Mary-Katherine Stinson

Lexington, Ky., Nov. 6 – RTX Corp. is offering five series of fixed-rate notes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will feature a make-whole call, followed by a par call.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are leading the sale. Barclays, BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., UniCredit Capital Markets, LLC and Wells Fargo Securities, LLC are also bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

RTX has engaged Wachtell, Lipton, Rosen & Katz as legal counsel. Sullivan & Cromwell LLP will represent the underwriters.

Proceeds will be used to repay a portion of the loans under the company’s bridge credit agreement.

Arlington, Va.-based RTX is a global provider of high-technology products and services to the aerospace and defense industries. It was formerly known as Raytheon Technologies Corp.

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