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Meggitt boosts US position

16th June 2010

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Meggitt Aircraft Braking Systems

Meggitt Aircraft Braking Systems

INTERNATIONAL aerospace group Meggitt has improved its financial position in the United States with a successful placing of loan notes.The group, which has an Aircraft Braking Systems operation in Coventry, has agreed a $600m private placing with leading international investors.The notes are in four series with maturities of seven, 10 and 12 years and coupons of between 4.62% and 5.17%.  Around $250m has been drawn down this month, with the balance of $350 million to be drawn in October, coinciding with the maturity of some e......for the full story register now for free or login below...


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