Moog plans to pay down part of senior credit facility via new notes

By Marisa Wong

Madison, Wis., Nov. 17 – Moog Inc. said it intends to repay a portion of outstanding borrowings under its senior bank credit facility using proceeds from an offering of senior notes due 2022.

The company announced the planned Rule 144A and Regulation S deal on Monday.

Moog is an East Aurora, N.Y.-based designer, manufacturer and integrator of precision control components and systems.

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