Attached files
| file | filename |
|---|---|
| EX-99.2 - EX-99.2 - HEXCEL CORP /DE/ | d207725dex992.htm |
| EX-99.1 - EX-99.1 - HEXCEL CORP /DE/ | d207725dex991.htm |
| 8-K - FORM 8-K - HEXCEL CORP /DE/ | d207725d8k.htm |
Exhibit 99.3
News Release
Hexcel Corporation, 281 Tresser Boulevard, Stamford, CT 06901 (203) 969-0666
HEXCEL AMENDS AND EXTENDS SENIOR CREDIT FACILITY
STAMFORD, CT. — June 9, 2016 — Hexcel Corporation (NYSE: HXL) today announced the successful amendment and extension of its $700 million senior unsecured revolving credit facility (the Facility). The maturity of the Facility has been extended from September 2019 to June 2021. The amendment provides for a modest reduction in interest costs, as well as less restrictive covenants. As a result of the refinancing, Hexcel will accelerate certain unamortized financing costs of the credit facility being replaced incurring a pretax charge of $0.4 million in the second quarter of 2016.
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Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.
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| Contact Information |
| Michael Bacal |
| (203) 352-6826 michael.bacal@hexcel.com |