debt
confidence high
sentiment neutral
materiality 0.60
Moog redeems $500M 4.250% Notes due 2027, funds with new 5.500% Notes due 2034
MOOG INC.
- Redeemed all $500M of 4.250% Senior Notes due 2027 on April 3, 2026.
- Redemption price: 100% principal plus accrued interest to April 3, 2026.
- Funded with net proceeds from $500M 5.500% Senior Notes due 2034 plus cash on hand.
- Indenture for the 2027 notes satisfied and discharged.
- Refinancing extends debt maturity from 2027 to 2034 at a higher coupon.