January 27, 2003
AAR to Present at Bear Stearns Aerospace and Defense Conference
WOOD DALE, Ill.--(BUSINESS WIRE)--AAR (NYSE:AIR) will present at the Bear Stearns 10th Annual Aerospace and Defense Conference on Jan. 28, 2003. The company's presentation is scheduled to begin at 8:00 a.m. eastern time. Tim Romenesko, AAR's Vice President and Chief Financial Officer, will provide an update regarding the company's business and financial condition and be available for questions.
A live audio broadcast of the presentation (listen-only mode) will be available on the AAR web site at http://www.aarcorp.com/. An on-demand replay of the webcast will be available for 30 days following the conference at http://www.aarcorp.com/. The slides will also be available on the web site for a period of at least 30 days.
AAR is a leading provider of aftermarket support to the worldwide aviation/aerospace industry. Products and services include customized inventory management and logistics programs, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world.
CONTACT:
AAR
Dawn Kaiser, 630/227-2098
dkaiser@aarcorp.com
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Wood Dale, Illinois – AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the pricing of an underwritten registered public offering of 3,000,000 shares of its common stock at a public offering price of $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the Company at the public offering price. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
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