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Spirit AeroSystems offers USD300m of senior unsecured notes

5 March 2014

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) subsidiary Spirit AeroSystems, Inc. said it intends to offer up to USD300m of senior unsecured notes due 2022 in a private placement.

The notes will be issued by Spirit AeroSystems, Inc. and will be unconditionally guaranteed, jointly and severally, on a senior unsecured basis, by the company and its existing and future domestic subsidiaries (other than Spirit AeroSystems, Inc.) that will guarantee its amended senior secured credit facility.

The company said it intends to use the net proceeds and cash on hand to repurchase the its outstanding 7.5 percent senior notes due 2017, to pay related fees and expenses and for other general corporate purposes.


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