secwatch / observer
8-K filed July 27, 2023, 7:59 PM ET ticker HEI CIK 0000046619
debt confidence high sentiment positive materiality 0.75

HEICO CORP (HEI): debt financing — HEICO closes $1.2B investment-grade notes offering to fund Wencor acquisition

HEICO CORP

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

HEICO CORP incurred senior notes of $600,000,000 with Truist Bank at 5.250% maturing August 1, 2028.

Instrument
senior notes
Principal
$600,000,000
Counterparty
Truist Bank
Rate
5.250%
Maturity
August 1, 2028
Event
incurrence
Exact text from the filing
$600,000,000 principal amount of the Company’s 5.250% Senior Notes due 2028 (the "2028 Notes")
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HEICO CORP incurred senior notes of $600,000,000 with Truist Bank at 5.350% maturing August 1, 2033.

Instrument
senior notes
Principal
$600,000,000
Counterparty
Truist Bank
Rate
5.350%
Maturity
August 1, 2033
Event
incurrence
Exact text from the filing
$600,000,000 principal amount of the Company’s 5.350% Senior Notes due 2033 (the "2033 Notes"
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HEICO CORP entered into Indenture with Truist Bank, as trustee, and the Subsidiary Guarantors valued at $600,000,000 principal amount of the Company's 5.250% Senior Notes due 2028 and $600,000,000 princip (effective 2023-07-27).

Action
entry
Agreement
notes offering
Counterparty
Truist Bank, as trustee, and the Subsidiary Guarantors
Value
$600,000,000 principal amount of the Company's 5.250% Senior Notes due 2028 and $600,000,000 princip
Effective
2023-07-27
Exact text from the filing
The Notes were issued pursuant to an Indenture, dated as of July 27, 2023 (the “Base Indenture”), between the Company and certain of its subsidiaries (collectively, the "Subsidiary Guarantors") and Truist Bank, as trustee (the “Trustee”), as supplemented by a First Supplemental Indenture, dated as of July 27, 2023 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company, Subsidiary Guarantors and the Trustee.
View on SEC.gov

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

HEICO CORP filing history →

Source: SEC EDGAR
accession 0001213900-23-060321
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