HEI · HEICO Corporation

HEICO Corporation executed an underwritten public offering of $1.2 billion aggregate principal amount of senior unsecured notes, split into $550 million of 4.950% notes due 2031 and $650 million of 5.400% notes due 2036. The transaction closed on July 16, 2026, concurrent with the filing of this 8-K. The notes were issued under a base indenture supplemented by a first supplemental indenture, with Truist Bank as trustee. HEICO intends to use the net proceeds to reduce outstanding borrowings under its $2.2 billion revolving credit agreement, thereby increasing its financial flexibility for future acquisitions. The notes rank equally with HEICO's existing senior unsecured debt and are structurally subordinated to subsidiary liabilities. The offering provides HEICO with a well-staggered maturity schedule, enhancing its capital planning. The underwriting agreement contains standard representations, warranties, and indemnification protections for the underwriters. Additionally, the company filed a press release announcing the completion of the offering, which is furnished under Item 7.01.