AAR Corp has priced $955 million of 7.125% senior notes due 2031 and $960 million of 7.375% senior notes due 2034, totaling $1.915 billion. The proceeds, along with equity issuance and credit facility borrowings, will fund its acquisition of a controlling interest in MRO Holdings, refinance MRO Holdings' debt, cover acquisition-related costs, and support working capital. The offering is expected to close on November 17, 2026, with notes guaranteed post-acquisition. This financing move supports AAR's strategic growth in the aviation aftermarket sector.
AAR Corp's $1.915 billion senior notes offering is a major financing move in the aviation aftermarket sector. For readers following Industrials-sector stocks on Pluang, here is the market snapshot as of Nov 03, 2026 04:41 WIB: Of 135 priced US Industrials stocks, 79 rose and 55 fell. Notable movers include Howmet Aerospace Inc (HWM) at USD 215.00 with a 7.85% increase and a typical hold time of 38 days, StandardAero Inc. (SARO) at USD 25.08 up 7.25%, and Nordic American Tankers Limited (NAT) at USD 7.34 down 7.21%.
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Elliptic's investigation revealed that about $3.24 billion of assets stolen in the October 29 Binance hack were initially moved through roughly 7,700 TRON addresses. The stolen funds were shuffled across multiple wallets and services, with significan...
