Huntington Ingalls Industries, Inc. Announces Redemption of 5.000% Notes Due 2025
October 16 2020 - 8:30AM
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.com757-380-2341
Rick Wyatt (Bond Investors)Rick.Wyatt@hii-co.com757-380-2101
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