RTX Corporation in its $6 billion notes offering

On November 6, 2023, RTX Corporation announced registered notes offerings in an aggregate principal amount of $6.0 billion, comprised of an offering of $1.25 billion aggregate principal amount of 5.750% notes due 2026, $500 million aggregate principal amount of 5.750% notes due 2029, $1 billion aggregate principal amount of 6.000% notes due 2031, $1.5 billion aggregate principal amount of 6.100% notes due 2034 and $1.75 billion aggregate principal amount of 6.400% notes due 2054.  RTX expects to use the net proceeds of the offerings to repay a portion of the loans under its Bridge Credit Agreement entered into in connection with the previously announced $10 billion accelerated share repurchase program.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to RTX.