HEXCEL CORP /DE/ (HXL): debt financing — Hexcel launches $350M accelerated share repurchase, Board adds $600M authorization

HEXCEL CORP /DE/

Entered ASR agreements with Bank of America and Goldman Sachs to repurchase $350M of common stock.
Initial delivery of ~80% of expected shares on Oct 24, 2025; final settlement by Q1 2026.
Board approved $600M additional share repurchase authorization on Oct 22, 2025, leaving ~$384M remaining.
Borrowed $350M under existing $750M revolving credit facility to fund the ASR initial payment.

item 1.01 item 2.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HEXCEL CORP /DE/ incurred revolving credit of $350 million.

Instrument: revolving credit
Principal: $350 million
Event: incurrence

Exact text from the filing

On October 21, 2025, the Company provided notice to the lenders pursuant to the Credit Agreement to borrow $350 million under the Revolver to fund the initial settlement of the ASR.

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304 debt financings filed in the last 30 days. Browse all debt financings →

HEXCEL CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000930413-25-003284

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