Item 1.01 Entry into a Material Definitive Agreement.



On July 29, 2022, L3Harris Technologies, Inc. ("L3Harris") established a new $2
billion, five-year senior unsecured revolving credit facility (the "New Credit
Facility") by entering into a Revolving Credit Agreement (the "New Credit
Agreement") with (i) the lenders from time to time party thereto; (ii) JPMorgan
Chase Bank, N.A., as administrative agent, as an issuing bank for letters of
credit and as swingline lender; (iii) Bank of America, N.A., Citibank, N.A.,
Morgan Stanley Senior Funding, Inc., Wells Fargo Bank, National Association, and
U.S. Bank National Association, as co-syndication agents; and (iv) JPMorgan
Chase Bank, N.A., BofA Securities, Inc., Citibank, N.A., Morgan Stanley Senior
Funding, Inc., Wells Fargo Securities, LLC, and U.S. Bank National Association,
as joint lead arrangers and joint bookrunners.

The New Credit Facility replaces L3Harris' prior $2 billion, five-year senior unsecured revolving credit facility established under the Revolving Credit Agreement, dated as of June 28, 2019 (the "2019 Credit Agreement").

L3Harris had entered into the 2019 Credit Agreement with (i) the lenders from
time to time party thereto; (ii) JPMorgan Chase Bank, N.A., as administrative
agent, as an issuing bank for letters of credit and as swingline lender; (iii)
Citibank, N.A., Bank of America, N.A., Morgan Stanley MUFG Loan Partners, LLC
and Wells Fargo Bank, National Association, as co-syndication agents; and (iv)
JPMorgan Chase Bank, N.A., Citibank, N.A., Bank of America Securities, Inc.,
Morgan Stanley MUFG Loan Partners, LLC and Wells Fargo Securities, LLC, as joint
lead arrangers and joint bookrunners. The 2019 Credit Agreement was terminated
concurrently with the effectiveness of, and as a condition of entering into, the
New Credit Agreement. No loans or letters of credit under the 2019 Credit
Agreement were outstanding at the time of, or were repaid in connection with,
such termination. The 2019 Credit Agreement was scheduled to terminate on June
28, 2024, and L3Harris incurred no early termination penalties as a result of
such termination.

The New Credit Agreement provides for the extension of credit to L3Harris in the
form of revolving loans, swingline loans and letters of credit, at any time and
from time to time during the term of the New Credit Agreement, in an aggregate
principal amount at any time outstanding not to exceed $2 billion, with a
sub-limit of $200 million for swingline loans and a sub-limit of $350 million
for letters of credit. Borrowings under the New Credit Agreement may be
denominated in U.S. Dollars, Euros, Sterling and any other currency (x) that is
a lawful currency (other than U.S. dollars) that is readily available and freely
transferable and convertible into U.S. Dollars, and (y) that is agreed to by the
administrative agent and each of the lenders, with a non-U.S. currency sub-limit
of $400 million. The New Credit Agreement includes a provision pursuant to
which, from time to time, L3Harris may request that the lenders in their
discretion increase the maximum amount of commitments under the New Credit
Agreement by an amount not to exceed $1 billion. Only consenting lenders
(including new lenders reasonably acceptable to the administrative agent) will
participate in any increase. L3Harris has no obligation to offer the right to
participate in such increase to any or all of the existing lenders. In no event
will the maximum amount of credit extensions available under the New Credit
Agreement exceed $3 billion.

The proceeds of loans or letters of credit borrowings under the New Credit
Agreement are restricted from being used for Hostile Acquisitions (as defined in
the New Credit Agreement) or for any purpose in contravention of applicable
laws. L3Harris is not otherwise restricted under the New Credit Agreement from
using the proceeds of loans or letters of credit borrowings under the New Credit
Agreement for working capital and other general corporate purposes or from using
the New Credit Facility to refinance existing debt and to repay maturing
commercial paper issued by L3Harris from time to time. Subject to certain
conditions stated in the New Credit Agreement (including the absence of any
default and the accuracy of certain representations and warranties), L3Harris
may borrow, prepay and re-borrow amounts under the New Credit Agreement at any
time during the term of the New Credit Agreement.

The New Credit Agreement provides that L3Harris may designate wholly-owned
subsidiaries organized in the United States, Canada or the United Kingdom (or
such other jurisdictions as all lenders shall approve) as borrowers under the
New Credit Agreement. The obligations of any such subsidiary borrower shall be
guaranteed by L3Harris.

The New Credit Agreement provides that L3Harris may from time to time designate
certain of its subsidiaries as unrestricted subsidiaries. At July 29, 2022, no
subsidiaries of L3Harris were unrestricted subsidiaries under the New Credit
Agreement.


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At L3Harris' election, borrowings under the New Credit Agreement denominated in
U.S. Dollars will bear interest either at (i) for each adjusted term SOFR loan,
the sum of the term secured overnight funding rate ("SOFR") rate for any tenor
comparable to the applicable interest period selected two U.S. government
securities business days prior to the commencement of such tenor, plus 0.10%
(provided that if the adjusted term SOFR rate is less than 0%, then it shall be
deemed 0%), plus an applicable margin, (ii) for each adjusted daily simple SOFR
loan, SOFR for the day (the "SOFR Rate Day") that is five U.S. government
securities business days prior to (x) if such day is a U.S. government
securities business day, such SOFR Rate Day, or (y) if such SOFR Rate Day is not
a U.S. government securities business day, the U.S. government securities
business day immediately preceding such SOFR Rate Day, plus 0.10% (provided that
if the adjusted daily simple SOFR rate is less than 0%, then it shall be deemed
0%), plus an applicable margin, or (iii) for each base rate loan, the base rate
(described below) plus an applicable margin.

The applicable interest rate margin over the term benchmark rates (with respect
to the adjusted term SOFR loans and adjusted daily simple SOFR loans) is
initially equal to 1.125%, but may increase (to a maximum amount of 1.750%) or
decrease (to a minimum amount of 1.000%) based on changes in the ratings of
L3Harris' senior unsecured long-term debt securities ("Senior Debt Ratings").

The base rate is a rate per annum equal to the greatest of (i) the prime rate in
effect on such day, (ii) the NYFRB Rate (which is defined in the New Credit
Agreement as the greater of (a) the federal funds rate in effect and (b) the
rate comprised of both overnight federal funds and overnight eurodollar
transactions denominated in U.S. Dollars by U.S.-managed banking offices of
depository institutions, as such composite rate shall be determined by the
Federal Reserve Bank of New York as set forth on the Federal Reserve Bank of New
York's website from time to time, and published on the next succeeding business
. . .


Item 1.02 Termination of a Material Definitive Agreement.

The disclosure set forth in Item 1.01 of this Current Report on Form 8-K related to the 2019 Credit Agreement is incorporated by reference into this Item 1.02.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure set forth in Item 1.01 of this Current Report on Form 8-K related to the New Credit Agreement is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed herewith:

Exhibit


Number        Description
10.1*           Revolving Credit Agreement, dated as of July 29, 2022, by 

and among L3Harris Technologies, Inc. and the other parties


              thereto.
104           Cover Page Interactive Data File formatted in Inline XBRL.


* Certain schedules and similar attachments have been omitted in reliance on
Instruction 4 of Item 1.01 of Form 8-K and Item 601(a)(5) of Regulation S-K.
L3Harris will provide, on a supplemental basis, a copy of any omitted schedule
or attachment to the Securities and Exchange Commission or its staff upon
request.
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