Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc., announced that it has launched a transaction to refinance its existing $540.4 million senior secured term loan B.

 

Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc., announced that it has launched a transaction to refinance #

The proposed transaction is expected to include a covenant-lite $540.4 million term loan B maturing in 2020 to replace the existing term loan B that matures in 2019.

 

Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc., announced that it has launched a transaction to refinance #

The refinancing will be contingent upon, among other things, obtaining the necessary lender consents and the satisfaction of conditions precedent to the definitive loan documentation.

 

Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc., announced that it has launched a transaction to refinance #

The terms of the refinancing, including those described above, could change materially between the date hereof and the effectiveness of the facilities, and there is no assurance that the refinancing will be consummated.

 

Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc., announced that it has launched a transaction to refinance #

About Spirit AeroSystems,Inc.

Spirit AeroSystems, with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Nashville, Tenn.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components.