LMI Aerospace amends redemption guidelines for 7 3/8% notes due 2019

By Tali Rackner

Norfolk, Va., Sept. 18 – LMI Aerospace, Inc. entered into a first amendment to its credit agreement that permits the company to prepay, redeem, purchase, defease or cancel its 7 3/8% second-priority senior secured notes due 2019 without consent from the lenders, according to an 8-K filing with the Securities and Exchange Commission.

The Thursday amendment noted that any such action is only possible if certain conditions are satisfied.

Royal Bank of Canada is the administrative agent and co-collateral agent, and Wells Fargo Bank, NA is the syndication agent and co-collateral agent.

LMI Aerospace is a St. Charles, Mo.-based supplier of components and provider of engineering services to the aerospace and defense industries.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.