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New Issue-Spirit AeroSystems sells $300 mln notes

Thu Sep 24, 2009 6:05pm EDT

Stocks

    
 Sept 24 (Reuters) - Spirit AeroSystems Holdings Inc (SPR.N)
on Thursday sold $300 million of senior notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
 Bank of America, Credit Suisse, Morgan Stanley, and
Barclays were the joint bookrunning managers for the sale.
BORROWER: SPIRIT AEROSYSTEMS HOLDINGS INC*
AMT $300 MLN      COUPON 7.50 PCT     MATURITY 10/1/2017 
TYPE SNR NOTES    ISS PRICE 97.804    FIRST PAY 4/1/2010 
MOODY'S B2        YIELD 7.875 PCT     SETTLEMENT 9/30/2009
S&P DOUBLE-B      SPREAD 471 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YEARS
* GUARANTEED ON A SENIOR UNSECURED BASIS BY ALL GUARANTORS
UNDER ITS SENIOR SECURED CREDIT FACILITY.



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