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B/E AEROSPACE CLOSES $750 MILLION CREDIT FACILITY

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B/E AEROSPACE CLOSES $750 MILLION CREDIT FACILITY

Aircraft cabin parts manufacturer B/E Aerospace has closed a $750 million revolving credit facility that will mature in December 2015.

The cash has been used to refinance the $343 million outstanding balance on an existing loan and has replaced its revolver with the new facility. JPMorgan Chase was administrative agent; while UBS Securities and Credit Suisse were syndication agents. The Royal Bank of Scotland, SunTrust Bank and Wells Fargo Bank were the documentation agents.