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Northrop Grumman Secures $2B Loan
Northrop Grumman Corp. has received two senior unsecured credit facilities totaling $2 billion.
Northrop Grumman Corp. has received two senior unsecured credit facilities totaling $2 billion, Citybizlist Real Estate reports. The loan includes a five-year revolving credit facility of $1.5 billion.
The global aerospace and defense technology company also secured a $500 million 364-day revolving credit facility. JP Morgan Chase Bank was administrative agent and Citibank, Royal Bank of Scotland and Wells Fargo Bank were syndication agents.
Click here for the story from Citybizlist Real Estate.