AAR Corp. (AIR), a provider of aviation services, Monday said it plans to offer additional $150 million of 6.750% senior notes due 2029. Previously, the company had offered $550 million of 6.750% senior notes due 2029.
AAR intends to use the net proceeds from the offering to repay debts under its unsecured revolving credit facility and to pay the cost of the offering.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.