AAR announces proposed offering of $955 million of senior notes due 2031 and $960 million of senior notes due 2034
PR Newswire•02/11/2026•07:50 ET
0
Key Highlights
- ➤AAR (AIR) proposes $955 million senior notes due 2031
- ➤AAR proposes $960 million senior notes due 2034
- ➤Proceeds will fund cash consideration and refinancing for MRO Holdings acquisition
- ➤AAR will issue approximately $780.8 million in equity as partial acquisition consideration
- ➤Notes may face special mandatory redemption if acquisition closing conditions fail
AAR announces proposed offering of $955 million of senior notes due 2031 and $960 million of senior notes due 2034 PR Newswire
WOOD DALE, Ill., Nov. 2, 2026 /PRNewswire/ -- AAR CORP. ("AAR" or the "Company") (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, announced today that it intends to offer (the "offering"), subject to market conditions and other factors, $955 million aggregate principal amount of senior notes due 2031 (the "2031 Notes") and $960 million aggregate principal amount of senior notes due 2034 (the "2034 Notes" and, together with the 2031 Notes, the "Notes").
Get started
Create a free account to read the full story.