Spirit AeroSystems tenders for 7½% secured second-lien notes due 2025

By Wendy Van Sickle

Columbus, Ohio, Nov. 8 – Spirit AeroSystems Inc. began a cash tender offer for any and all of its $1.2 billion of outstanding 7½% senior secured second-lien notes due 2025 (Cusips: 85205TAL4, U84591AD5), according to a news release.

The company is offering a consideration of $1,007.80 per $1,000 principal amount, plus accrued interest.

The offer will expire at 5 p.m. ET on Nov. 15, which is also the withdrawal deadline.

The deadline for tenders to be delivered under guaranteed delivery procedures is 5 p.m. ET on Nov. 17.

Morgan Stanley & Co. LLC (800 624-1808 or 212 761-1057) is the dealer manager.

Global Bondholder Services Corp. (212 430-3774, 855 654-2015 or contact@gbsc-usa.com) is the tender and information agent.

The manufacturer of aerostructures for commercial airplanes is based in Wichita, Kan.

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