Wed 10/06/2021 09:25 AM
Relevant Items:Secured, 2027 Unsecured Notes Covenant SummaryOffering Memorandum
In 2019, Platinum Equity Advisors-owned Incora (fka Wesco Aircraft) and Pattonair merged. In the
offering memorandum for Wesco’s 9.00% senior secured notes due 2024, 8.50% senior secured notes due 2026 and 13.125% senior notes due 2027, which were issued to fund the merger, Wesco projected that, pro forma for the merger, the combined company’s LTM adjusted EBITDA would be about $355 million.
As of the second...
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