---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-060321"
form_type: "8-K"
ticker: "HEI"
cik: "0000046619"
company_name: "HEICO CORP"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:09:25.728207+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HEICO closes $1.2B investment-grade notes offering to fund Wencor acquisition

## Summary
- Closed $600M 5.250% senior notes due 2028 and $600M 5.350% senior notes due 2033.
- Net proceeds to fund Wencor Group acquisition; temporarily repaid credit facility.
- Wencor acquisition expected to close by end of calendar year 2023.
- If acquisition not closed by Feb 14, 2024, must redeem 2033 notes at 101% of principal.
- Company highlights investment-grade rating on its inaugural notes offering.

## SEC filing metadata
- accession: 0001213900-23-060321
- form_type: 8-K
- ticker: HEI
- cik: 0000046619
- company_name: HEICO CORP
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46619/000121390023060321/0001213900-23-060321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46619/000121390023060321/ea182429-8k_heicocorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-060321
- JSON: https://secwatch.observer/filing/0001213900-23-060321.json
- Plain text: https://secwatch.observer/filing/0001213900-23-060321.txt

## Key facts
- Debt Financings
  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
  source text: $600,000,000 principal amount of the Company’s 5.250% Senior Notes due 2028 (the "2028 Notes")
  evidence_url: https://www.sec.gov/Archives/edgar/data/46619/000121390023060321/0001213900-23-060321-index.htm
- Debt Financings
  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
  source text: $600,000,000 principal amount of the Company’s 5.350% Senior Notes due 2033 (the "2033 Notes"
  evidence_url: https://www.sec.gov/Archives/edgar/data/46619/000121390023060321/0001213900-23-060321-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46619/000121390023060321/0001213900-23-060321-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.