Hawker Beechcraft Acquisition $200 million term loan add-on talked at Libor plus 900 bps

By Sara Rosenberg

New York, Nov. 18 - Hawker Beechcraft Acquisition Co. LLC is talking its $200 million term loan add-on (Caa1/CCC+) at Libor plus 900 basis points with a 2% Libor floor and an original issue discount of 92 to 93, according to a market source.

Credit Suisse is the lead bank on the deal that was launched last week.

Proceeds will be used to provide additional liquidity.

Hawker Beechcraft is a Wichita, Kan., manufacturer of business, special-mission and trainer aircraft.

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