MIAMI, FL AND HOLLYWOOD, FL / ACCESS Newswire / July 16, 2026 / HEICO Corporation (NYSE:HEI.A, HEI) today announced that it closed an offering of $550 million in aggregate principal amount of 4.950% Senior Notes due 2031 (the "2031 Notes") and $650 million in aggregate principal amount of 5.400% Senior Notes due 2036 (the "2036 Notes", and together with the 2031 Notes, the "Notes").
HEICO will use the net proceeds from the sale of the Notes to pay down outstanding borrowings under its $2.2 billion revolving credit agreement, leaving the Company with substantial ability and flexibility to fund future potential acquisitions.
Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Chairmen and Co-Chief Executive Officers, stated, "HEICO's strong operating performance and solid balance sheet earned investment grade ratings on our existing notes issued in 2023 and the Notes issued today. Building on our inaugural issuance in 2023, this second offering gives us an efficient way to fund ongoing acquisition activity."
Carlos L. Macau Jr., HEICO's Chief Financial Officer and Executive Vice President, added, "This offering expands HEICO's capital sources and gives HEICO greater flexibility to pursue continued growth. Further, our well-staggered borrowing maturity schedule provides excellent planning and financial safety for the Company."
