Net proceeds will help repay a portion of outstanding debt under the firm's unsecured revolving credit facility incurred to finance a significant proportion of the recent acquisition of Kaman Distribution Group.
The company may redeem the 2025 notes any time before Feb. 1, 2023, and the 2032 notes at any time before Nov. 1, 2031.
If redemptions come on or after these dates, the price will be 100% of the principal amount plus accrued and unpaid interest.