Spirit AeroSystems, Inc., founded in 2005 and headquartered in Wichita, Kansas, is a leading manufacturer of aerostructures for the aerospace and defense industries. The company specializes in designing and producing commercial and military aircraft parts, such as fuselage sections, wing components, and other critical structures, serving major aircraft manufacturers like Boeing and Airbus.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SPR 3.85% 2026-06-15 USDSpirit AeroSystems, Inc. | United States | 2026-06-15 | 3.850 | 4.60 |
| SPR 4.60% 2028-06-15 USDSpirit AeroSystems, Inc. | United States | 2028-06-15 | 4.600 | 4.24 |
| SPR 9.75% 2030-11-15 USDSpirit AeroSystems, Inc. | United States | 2030-11-15 | 9.750 | 7.38 |
| SPR 9.75% 2030-11-15 USDSpirit AeroSystems, Inc. | United States | 2030-11-15 | 9.750 | 7.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Spirit AeroSystems has actively participated in the bond market, with its first bond issuance dating back to 2013. Notably, in 2021, the company issued $500 million in senior unsecured notes, with a yield of 4.5%, which reflects an attractive rate in the current market environment. The issuance aimed to refinance existing debt and enhance liquidity amid challenges posed by the COVID-19 pandemic. As of October 2023, Spirit's bonds continue to trade favorably within the sector, highlighted by a recent credit rating upgrade that indicates improving financial health and operational resilience.