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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Spirit Aerosystems Holdings Inc | NYSE:SPR | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.408 | -1.33% | 30.362 | 31.13 | 30.366 | 30.81 | 1,488,630 | 01:00:00 |
From May 2023 to May 2024
By Ben Glickman
Spirit AeroSystems will launch a $1.2 billion private placement of senior secured notes, effectively pushing out certain debt maturities by five years.
The Wichita, Kan.-based airplane-part manufacturer said the proceeds from the private offering, as well as cash on hand, would be used to fund a tender offer for whatever is outstanding on its $1.2 billion in notes due 2025. The new notes will be due 2030.
The company said any remaining proceeds from the offering would be used for general corporate purposes.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
November 08, 2023 13:30 ET (18:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Spirit Aerosystems Chart |
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