AAR Prices $150 Million Add-On of 6.750% Senior Notes Due 2029
AAR Corp. issued $150 million of additional 6.750% senior notes due 2029 on August 14, 2025, at 102.000% of principal, for a yield to maturity of 6.119%. The notes are treated as a single series with $550 million of existing notes due 2029, and the company plans to use the net proceeds to repay borrowings under its unsecured revolving credit facility and to pay offering fees and expenses.
Key points
- Issued $150 million aggregate principal on August 14, 2025, at 102.000% of principal, yield to maturity 6.119%
- Notes bear 6.750% interest, paid semiannually on March 15 and September 15, starting September 15, 2025, maturing March 15, 2029
- Net proceeds to repay outstanding revolving credit facility borrowings and pay offering fees and expenses
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.