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Motorola Solutions Announces Pricing For Redemption of $400 Million of Outstanding 5.375% Senior Notes Due Nov. 15, 2012
[June 11, 2012]

Motorola Solutions Announces Pricing For Redemption of $400 Million of Outstanding 5.375% Senior Notes Due Nov. 15, 2012


SCHAUMBURG, Ill. --(Business Wire)--

Motorola Solutions, Inc. (NYSE: MSI (News - Alert)) today announced the consideration to be paid in the previously announced redemption of its outstanding $400 million aggregate principal amount of 5.375% Notes due Nov. 15, 2012 (the "Notes").





 

     
Security    

5.375% Notes due 11/15/2012
(CUSIP # 620076AY5)

Reference U.S. Treasury Security    

1.375% U.S. Treasury Note
due 11/15/2012

Reference Yield     0.135%
Fixed Spread (basis points)     25.0

Purchase Price per $1,000 principal
amount of Notes

   

$1,020.86

Accrued Interest per $1,000 principal
amount of Notes

   

$4.33

Total Consideration per $1,000
principal amount of Notes

   

$1,025.19

   

The settlement date for Notes redeemed is Thursday, June 14, 2012. The redemption price was determined today at 5 p.m., Eastern Daylight Time, pursuant to the terms of the Notes. The price for the Notes is based on the yield to maturity of the 1.375% U.S. Treasury securities due Nov. 15, 2012 plus a fixed spread of 25 basis points. In addition, Motorola (News - Alert) Solutions will pay accrued and unpaid interest on the principal amount from May 15, 2012 to, but not including, June 14, 2012, the redemption date. The total consideration, including accrued interest, for each $1,000 principal amount of Notes redeemed is $1,025.19.

For additional information regarding the redemption, please contact: The Bank of New York Mellon Trust Company, N.A. at (800) 254-2826 (toll free).

This press release does not constitute an offer to purchase, or solicitation of an offer to sell, with respect to the Notes.

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker "MSI." To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our media center or subscribe to our news feed.

MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. ©2012 Motorola Solutions, Inc. All rights reserved.


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