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Hexcel HXL Prices $300 Million of 2035 Notes
Hexcel HXL priced a $300 million offering of unsecured 5.875% senior notes due 2035.
• The notes were priced at 99.985% of face value.
• The net proceeds will fund the redemption of unsecured 4.7% senior notes due 2025, with $300 million outstanding.
• The offering is expected to close on Feb. 26.
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