HEICO expands unsecured revolving credit facility to $2.2 billion
HEICO Corporation
HEICO Corporation HEI | 0.00 |
- HEICO expanded its unsecured revolving credit facility to USD 2.2 billion from USD 2 billion.
- Maturity was extended to 2031.
- The facility includes an accordion feature that can raise total commitments to USD 3 billion under certain circumstances.
- Borrowings price at SOFR plus 75-125 basis points, tied to the company’s investment-grade rating.
- Proceeds will primarily fund acquisitions, with remaining capacity for general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HEICO Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606120830ACCESSWRNAPR_____1176124) on June 12, 2026, and is solely responsible for the information contained therein.
