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Hawker Beechcraft to pay cash interest for its 8 7/8%/9 5/8% PIK notes
By Susanna Moon
Chicago, April 1 - Hawker Beechcraft Acquisition Co., LLC and Hawker Beechcraft Notes Co. will pay cash for the Sept. 30 interest on its 8 7/8%/9 5/8% senior pay-in-kind election notes due 2015, according to an 8-K filing with the Securities and Exchange Commission.
As previously noted, the company may pay interest in cash or in kind, or 50% in cash and 50% in kind for any interest payment period prior to April 1, 2011.
The company previously said it would pay the April 1, 2010 interest on its 8 7/8%/9 5/8% PIK notes in kind.
Hawker Beechcraft is a Wichita, Kan., maker of business and general aviation, training and special mission aircraft.
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