Spirit AeroSystems’ $400 Million Credit Facility

Cahill represented the lead arrangers in the deal.

Spirit AeroSystems, Inc. closed its $400,000,000 term B credit facility.

Bank of America, N.A., Goldman Sachs Bank USA, Morgan Stanley Senior Funding, Inc. and Citigroup Global Markets Inc. acted as lead arrangers.

Proceeds from the credit facility, together with a concurrent debt offering, were used to refinance existing indebtedness and other general corporate purposes.

Spirit AeroSystems designs and builds aerostructures for both commercial and defense customers. With headquarters in Wichita, Kansas, Spirit operates sites in the U.S., U.K., France and Malaysia.

Cahill represented the lead arrangers with James J. Clark (Picture), Michael W. Reddy, Brittany Schulman, Kostantinos V. Skordalos, and Tina M. Davis.

Involved fees earner: Tina Davis – Cahill Gordon & Reindel; James Clark – Cahill Gordon & Reindel; Michael Reddy – Cahill Gordon & Reindel; Brittany Schulman – Cahill Gordon & Reindel; Kostantinos Skordalos – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America; Citigroup Global Markets Ltd; Goldman Sachs; Morgan Stanley Senior Funding, Inc.;

Author: Ambrogio Visconti