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General Dynamics launches US$1bn bond for possible share buyback

Connectivity BusinessbyConnectivity Business
August 10, 2016
in Uncategorized
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US aerospace and defence contractor General Dynamics has issued US$1bn of unsecured notes for a potential share buyback in its first debt offering for four years. Proceeds will also help replenish cash after the company, which built the ground system for the US military’s MUOS-5 satellite that suffered an engine glitch after launching last month, retired US$500m in […]

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