Or Persons Who Are Considering Becoming Be
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870 Winter Street Waltham, Massachusetts 02451 May 11, 2020 To the beneficial owners (or persons who are considering becoming beneficial owners), or authorized representatives acting on behalf of beneficial owners (or on behalf of persons who are considering becoming beneficial owners), of any of the following series of notes (the “Subsidiary notes”) issued by Goodrich Corporation, Raytheon Company and Rockwell Collins Inc.: Corresponding Series of RTX Aggregate Principal Amount Notes to be Issued in Exchange Title CUSIP No. Issuer Outstanding for Subsidiary Notes 8.650% Notes due 2025 38238QAB2 Goodrich Corporation $ 4,000,000 8.650% Notes due 2025 8.610% Notes due 2025 38238QAE6 Goodrich Corporation $ 5,000,000 8.610% Notes due 2025 8.620% Notes due 2025 38238QAC0 Goodrich Corporation $ 1,000,000 8.620% Notes due 2025 8.650% Notes due 2025 38238QAA4 Goodrich Corporation $ 5,000,000 8.650% Notes due 2025 8.610% Notes due 2025 38238QAD8 Goodrich Corporation $ 4,000,000 8.610% Notes due 2025 7.750% Notes due 2025 38238QAF3 Goodrich Corporation $ 20,000,000 7.750% Notes due 2025 7.298% Notes due 2025 38238QAG1 Goodrich Corporation $ 20,000,000 7.298% Notes due 2025 7.280% Notes due 2025 38238QAH9 Goodrich Corporation $ 20,000,000 7.280% Notes due 2025 7.500% Notes due 2026 38238QAJ5 Goodrich Corporation $ 20,000,000 7.500% Notes due 2026 7.100% Notes due 2027 38238QAL0 Goodrich Corporation $ 140,628,000 7.100% Notes due 2027 6.800% Notes due 2036 382388AU0 Goodrich Corporation $ 134,360,000 6.800% Notes due 2036 7.000% Notes due 2038 382388AL0 Goodrich Corporation $ 159,149,000 7.000% Notes due 2038 7.375% Notes due 2046 38238QAK2 Goodrich Corporation $ 20,000,000 7.375% Notes due 2046 2.500% Notes due 2022 755111BX8 Raytheon Company $ 1,100,000,000 2.500% Notes due 2022 3.150% Notes due 2024 755111BY6 Raytheon Company $ 300,000,000 3.150% Notes due 2024 7.200% Notes due 2027 755111AF8 Raytheon Company $ 381,670,000 7.200% Notes due 2027 7.000% Notes due 2028 755111AP6 Raytheon Company $ 185,175,000 7.000% Notes due 2028 4.875% Notes due 2040 755111BU4 Raytheon Company $ 600,000,000 4.875% Notes due 2040 4.700% Notes due 2041 755111BW0 Raytheon Company $ 425,000,000 4.700% Notes due 2041 4.200% Notes due 2044 755111BZ3 Raytheon Company $ 300,000,000 4.200% Notes due 2044 3.100% Notes due 2021 774341AC5 Rockwell Collins Inc. $ 250,000,000 3.100% Notes due 2021 2.800% Notes due 2022 774341AH4 Rockwell Collins Inc. $ 1,100,000,000 2.800% Notes due 2022 3.700% Notes due 2023 774341AE1 Rockwell Collins Inc. $ 400,000,000 3.700% Notes due 2023 3.200% Notes due 2024 774341AJ0 Rockwell Collins Inc. $ 950,000,000 3.200% Notes due 2024 3.500% Notes due 2027 774341AK7 Rockwell Collins Inc. $ 1,300,000,000 3.500% Notes due 2027 4.800% Notes due 2043 774341AF8 Rockwell Collins Inc. $ 400,000,000 4.800% Notes due 2043 4.350% Notes due 2047 774341AL5 Rockwell Collins Inc. $ 1,000,000,000 4.350% Notes due 2047 Raytheon Technologies Corporation, a Delaware corporation (“RTX”), is currently planning to offer to exchange, in private offerings, exempt from the registration and prospectus delivery requirements of the Securities Act of 1933, as amended (the “Securities Act”), each series of outstanding Subsidiary notes listed above, for a corresponding series of newly issued notes of RTX (the “RTX notes”). If you are a beneficial owner (or person who is considering becoming a beneficial owner) of Subsidiary notes that is an Eligible Noteholder (as described below), or an authorized representative acting on behalf of such Eligible Noteholder (or on behalf of a person who is considering becoming a beneficial owner), please complete the last two pages of this document which comprise the Eligibility Certification and return it to Global Bondholder Services Corporation at the address set forth in the Eligibility Certification. If you are a beneficial owner (or person who is considering becoming a beneficial owner) of Subsidiary notes that is not an Eligible Noteholder, RTX requests that you take no action at this time. An “Eligible Noteholder” is a beneficial owner (or person who is considering becoming a beneficial owner) that certifies that it is either: (1) a “qualified institutional buyer” as defined in Rule 144A under the Securities Act; or (2) a person outside the United States who is not a “U.S. person” as defined in Rule 902 under the Securities Act. W/3727472v3 The definitions of “qualified institutional buyer”, “United States” and “U.S. person” are set forth in Annex A. This letter is neither an offer nor a solicitation of an offer with respect to the Subsidiary notes or the RTX notes, nor creates any obligations whatsoever on the part of RTX or any other person to make any offer to the recipient hereof to participate if an offer is made. The RTX notes that RTX proposes to offer pursuant to the exchange offers will not be registered under the Securities Act, or any other securities laws, and may not be offered or sold in the United States or to or for the benefit of any U.S. persons absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. You may direct any questions to Global Bondholder Services Corporation, Attn: Corporate Actions; at 65 Broadway, Suite 404, New York, New York 10006, Telephone Number: (866) 470-3800. Banks and brokers may call (212) 925-1630. Very truly yours, RAYTHEON TECHNOLOGIES CORPORATION ii ANNEX A DEFINITIONS “Qualified institutional buyer” means: (1) Any of the following entities, acting for its own account or the accounts of other qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with the entity: (a) Any insurance company as defined in Section 2(a)(13) of the Securities Act (a purchase by an insurance company for one or more of its separate accounts, as defined by section 2(a)(37) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), which are neither registered under section 8 of the Investment Company Act nor required to be so registered, shall be deemed to be a purchase for the account of such insurance company); (b) Any investment company registered under the Investment Company Act or any business development company as defined in Section 2(a)(48) of the Investment Company Act; (c) Any small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; (d) Any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees; (e) Any employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended; (f) Any trust fund whose trustee is a bank or trust company and whose participants are exclusively plans of the types identified in subparagraph (1)(d) or (e) above, except trust funds that include as participants individual retirement accounts or H.R. 10 plans; (g) Any business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940 (the “Investment Advisers Act”); (h) Any corporation (other than a bank as defined in Section 3(a)(2) of the Securities Act or a savings and loan association or other institution referenced in Section 3(a)(5)(A) of the Securities Act or a foreign bank or savings and loan association or equivalent institution), partnership, or Massachusetts or similar business trust or organization described in Section 501(c)(3) of the Internal Revenue Code; and (i) Any investment adviser registered under the Investment Advisers Act; (2) Any dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) acting for its own account or the accounts of other qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $10 million of securities of issuers that are not affiliated with the dealer, provided that securities constituting the whole or a part of an unsold allotment to or subscription by a dealer as a participant in a public offering shall not be deemed to be owned by such dealer; (3) Any dealer registered pursuant to Section 15 of the Exchange Act acting in a riskless principal transaction (as defined below) on behalf of a qualified institutional buyer; (4) Any investment company registered under the Investment Company Act, acting for its own account or for the accounts of other qualified institutional buyers, that is part of a family of investment companies which own in aggregate at least $100 million in securities of issuers, other than issuers that are affiliated with the investment company or are part of such family of investment companies. “Family of investment companies” means any two or more investment companies registered under the Investment Company Act, except for a unit investment trust whose assets consist solely of shares of one or more registered investment companies, that have the same investment adviser (or, in the case of unit investment trusts, the same depositor), provided that: iii (a) each series of a series company (as defined in Rule 18f-2 under the Investment Company Act) shall be deemed to be a separate investment company; and (b) investment companies shall be deemed to have the same adviser (or depositor) if their advisers (or