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Spirit AeroSystems announces $200M Class A common stock offering
The Fly

Spirit AeroSystems announces $200M Class A common stock offering

Spirit AeroSystems Holdings announced that it has commenced an underwritten public offering of $200M of its Class A common stock. The Company intends to use the net proceeds from the offering for general corporate purposes. Concurrently with the offering of Class A common stock, Spirit AeroSystems, a wholly-owned subsidiary of the company, is offering $200 million aggregate principal amount of exchangeable senior notes that will mature in 2028. The completion of the offering of Class A common stock is not contingent on the completion of the offering of the exchangeable notes, and the completion of the offering of the exchangeable notes is not contingent on the completion of the offering of Class A common stock. Morgan Stanley, Goldman Sachs & Co. and J.P. Morgan Securities are acting as joint active book-running managers and BofA Securities and Citigroup are acting as joint book-running managers of the offering.

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