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Spirit AeroSystems Inc plans refinancing of senior secured credit facilities.

M2 BEST BOOKS-(C)2000-2012 M2 COMMUNICATIONS

Wholly owned subsidiary of Spirit AeroSystems Holdings Inc (NYSE:SPR) Spirit AeroSystems Inc on Tuesday announced that it has launched a transaction to refinance its existing senior secured credit facilities.

The proposed transaction should extend the maturity of the company's USD650m revolving credit facility to 2017 from 2014.

Also the proposed transaction is expected to include a USD550m term loan B maturing in 2019 to replace the existing term loan which matures in two tranches in 2013 and 2016.

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Date:Mar 28, 2012
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