03:38 AM EDT, 08/12/2025 (MT Newswires) -- AAR (AIR) said late Monday it priced an add-on offering of $150 million of 6.75% senior notes due 2029 at 102% of the principal amount.

The notes will be an addition to previously issued $550 million principal amount of 6.75% senior notes due 2029.

The company intends to use the net proceeds for debt repayments.

Closing of the offering is expected on Thursday, subject to customary conditions.