SEC Filings
Textron Sells $350 Million Of 5.500% Notes Due 2032, Priced To Yield 5.545%
The proceeds are slated to repay $350 million of 3.65% notes due 2027, S&P Global Ratings said, and the new debt carries a BBB rating.
Textron (TXT) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
The proceeds are slated to repay $350 million of 3.65% notes due 2027, S&P Global Ratings said, and the new debt carries a BBB rating.
Earnings
The award of Bell's helicopter production option now depends on a fiscal 2027 federal budget, even as Textron raised its full-year earnings outlook.
Markets
The Cessna and Bell maker lifted its 2026 earnings and cash flow forecasts as Citation jet deliveries offset weaker Bell revenue.
Earnings
Bell's Army aircraft program faces a bigger negative charge if the first production award moves past the first quarter, the CFO said.
Earnings
Atherton says she is keeping the powder dry for a deal as Textron reshapes into a pure-play aerospace and defense company.
Earnings
Citation jet deliveries lifted third-quarter revenue 4% to $3.8 billion while Bell revenue fell 9%.