Brief: Aar Announces Update To Financing Of Triumph Product Support Acquisition

AAR

14/02/2024 16:46

Feb 14 (Reuters) - AAR Corp  AIR.N :
    * AAR ANNOUNCES UPDATE TO FINANCING OF TRIUMPH PRODUCT
SUPPORT
ACQUISITION
    * ANNOUNCES PROPOSED OFFERING OF $500 MILLION OF SENIOR
NOTES DUE
2029
    * ACQUISITION WILL BE FINANCED WITH PROCEEDS FROM PROPOSED
NOTES
OFFERING AND USE OF EXPANDED REVOLVER
    * INTENDS TO AMEND REVOLVING CREDIT FACILITY TO  INCREASE
AGGREGATE LENDING COMMITMENTS THEREUNDER FROM $620 MILLION TO AT
LEAST $795 MILLION

Source text for Eikon:  ID:nPn1tGlsYa 
Further company coverage:  AIR.N 

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