New Issue-Spirit AeroSystems sells $300 mln in notes

Mon Nov 15, 2010 5:39pm EST

Related Topics

  Nov 15 (Reuters) - Spirit AeroSystems Inc (SPR.N) on
Monday sold $300 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
  Bank of America Merrill Lynch, Citi, RBC and RBS were the
joint bookrunning managers for the sale.
BORROWER: SPIRIT AEROSYSTEMS INC
AMT $300 MLN      COUPON 6.75 PCT     MATURITY 12/15/2020
TYPE SR NTS       ISS PRICE 100       FIRST PAY 6/15/2011
MOODY'S Ba3       YIELD 6.75 PCT      SETTLEMENT 11/18/2010
S&P BB-MINUS      SPREAD 383 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS                                  

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.