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Prospect News home > News index > List of issuers S > Headlines for Spirit AeroSystems Holdings Inc. > News item
Published on 5/24/2016 in the Prospect News Investment Grade Daily.

Spirit AeroSystems intends to offer 10-year senior notes

By Lisa Kerner

Charlotte, N.C., May 24 – Spirit AeroSystems Holdings, Inc. subsidiary Spirit AeroSystems, Inc. plans an offering of senior unsecured notes due 2026, according to a news release and a 424B5 filed with the Securities and Exchange Commission.

The notes will be guaranteed by Spirit AeroSystems Holdings, Inc. and its domestic subsidiaries, other than Spirit AeroSystems, Inc.

Proceeds will be used, along with cash on hand, to repurchase outstanding 6¾% senior notes due 2020 or for other general corporate purposes.

BofA Merrill Lynch, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are the joint bookrunners.

Spirit AeroSystems is a Wichita, Kan.-based maker of commercial and military airplane components, including fuselages, propulsion systems and wings.


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