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Prospect News home > News index > List of issuers A > Headlines for AAR Corp. > News item
Published on 9/19/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

AAR Corp. repurchases $13 million of convertibles during first quarter

By Tali David

Minneapolis, Sept. 19 - AAR Corp. repurchased $13 million of its convertible bonds during the first fiscal quarter at an effective yield to maturity of 4%, according to a press release.

The repurchases reduced the fully diluted share count by 258,000 shares in the first quarter.

AAR is a Wood Dale, Ill.-based aerospace and defense contractor.


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