AAR announces proposed offering of $955 million of senior notes due 2031 and $960 million due 2034
AIR•AAR Corp. announced proposed offerings of $955 million in senior notes due 2031 and $960 million in senior notes due 2034. It said it will issue equity valued at $780.8 million for its MRO Holdings acquisition and use proceeds for the acquisition, a loan, refinancing, fees and working capital.
1. Proposed financing
AAR Corp. announced proposed offerings of $955 million of senior notes due 2031 and $960 million of senior notes due 2034. The company said it will issue equity valued at $780.8 million for its MRO Holdings acquisition and use proceeds for the acquisition, a loan, refinancing, fees and working capital.
