Cahill Represents Underwriters in Notes Offering and Dealer Manager in Related Tender Offer for Spirit AeroSystems, Inc.
Date: 05/30/18
Cahill represented the underwriters in connection with a public offering of $300,000,000 aggregate principal amount of senior floating rate notes due 2021, $300,000,000 aggregate principal amount of 3.950% senior notes due 2023 and $700,000,000 aggregate principal amount of 4.600% senior notes due 2028 by Spirit AeroSystems, Inc., one of the largest independent non-OEM aircraft parts designers and manufacturers of commercial aero structures in the world. The net proceeds from the offering were used to fund the purchase for cash of certain of the issuer’s outstanding debt securities in a tender offer, to fund the company’s accelerated share repurchase program, to refinance existing indebtedness and to fund an acquisition. Cahill also represented the dealer manager in connection with the tender offer.