Wednesday, Spirit AeroSystems Inc., a subsidiary of Spirit AeroSystems Holdings Inc. (SPR) completed its previously announced private offering of $300 million aggregate principal amount of its 7 1/2% senior unsecured notes due 2017. The Notes were sold in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended.
The company noted that the notes were sold at a price equal to 97.804% of the principal amount thereof, resulting in gross proceeds from this offering of approximately $293.4 million. The net proceeds from the offering will be used to repay borrowings under Spirit's existing senior secured revolving credit facility without any reduction of the lenders' commitment thereunder, for general corporate purposes and to pay fees and expenses incurred in connection with the offering.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.