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SPIRIT AEROSYSTEMS HOLDINGS, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement

June 9, 2014



Item 1.01. Entry into a Material Definitive Agreement

On June 3, 2014, Spirit AeroSystems Holdings, Inc. (the "Company") entered into Amendment No. 4 (the "Amendment") to its senior secured Credit Agreement, dated as of April 18, 2012, among Spirit AeroSystems, Inc. ("Spirit"), as borrower, the Company, as parent guarantor, the subsidiary guarantors party thereto, the lenders party thereto, Bank of America, N.A., as administrative agent and collateral agent, and the other agents named therein, as previously amended (the "Credit Agreement").

The Amendment permits Spirit and the Company to incur certain debt and make certain restricted payments during the suspension period currently imposed upon the Company, including the payment for the previously announced repurchase of 4 million shares of the Company's Class A Common Stock.

Certain of the lenders under the Credit Agreement and their affiliates have provided certain commercial banking, financial advisory and investment banking services to the Company and its affiliates in the past and may do so in the future. In addition, The Bank of New York Mellon, one of the lenders under the Credit Agreement, and its affiliates act as the trustee, paying agent and registrar for the Borrower's senior notes and the investment manager for the Company's U.S. defined benefit pension plan. Such parties received, and expect to receive, customary fees and commissions for these services.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which will be filed as an exhibit to the registrant's Quarterly Report on Form 10-Q for the second quarter of 2014.

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Source: Edgar Glimpses


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