AAR Prices $955M and $960M Notes to Fund MRO Deal
AAR priced $955 million of 7.125% notes due 2031 and $960 million of 7.375% notes due 2034. Closing is expected Nov. 17, subject to customary conditions; proceeds, alongside equity proceeds and revolver borrowings, will help fund its pending MRO Holdings acquisition and related refinancing.
AAR priced $955M of 7.125% notes due 2031 and $960M of 7.375% notes due 2034; closing is expected Nov. 17, subject to customary conditions. Proceeds, alongside equity proceeds and revolver borrowings, will help fund the pending MRO Holdings acquisition and related refinancing.Material DetailsContex…