Motorola Solutions to redeem $324.03 million 3.5% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, May 11 – Motorola Solutions, Inc. will redeem all of its remaining $324,029,000 of 3.5% senior notes due March 1, 2023 (Cusip: 620076BC2), according to a news release.

The notes will be redeemed on June 10 at a price equal to the greater of par and the sum of the present values of the remaining scheduled interest payments discounted to the redemption date at Treasuries plus 30 basis points.

Bank of New York Mellon Trust Co., NA is the trustee.

Motorola is a data communications and telecommunications equipment provider based in Chicago.

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