Transaction Overview: Wesco Aircraft engaged Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPFS) and Barclays Bank PLC as the joint lead arrangers for its new credit facilities, with MLPFS, Barclays, J.P. Morgan Securities LLC, Morgan Stanley Senior Funding, Inc., RBC Capital Markets, KeyBank National Association, Sumitomo Mitsui Banking Corporation, and Union Bank, N.A. acting as joint bookrunners for the new credit facilities. The new $825 million senior secured credit facilities are comprised of the following:

– a $200 million, 5-year revolving credit facility; and

– a $625 million, 5-year term loan facility.

Each of the revolving credit facility and the term loan facility will carry a variable rate of interest based on, at the option of the Company, either a base rate or the Eurocurrency rate plus, in each case, an applicable margin. The applicable margin for the revolving credit facility and the term loan facility is based on the consolidated total leverage ratio of the Company and its subsidiaries and ranges from, for base rate loans, 0.75% to 1.50% (1.25% initially), and for Eurocurrency rate loans, 1.75% to 2.50% (2.25% initially).

Proceeds from the new credit facilities will be used (i) to refinance approximately $626.0 million of existing first lien indebtedness, (ii) to pay fees and expenses related to the new credit facilities and (iii) for general corporate purposes. “The new credit facilities extend the maturity profile of the Company while enhancing liquidity and reducing our total interest expense,” said Greg Hann, Executive Vice President and Chief Financial Officer of Wesco Aircraft.

About Wesco Aircraft

Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The Company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The Company believes it offers the world’s broadest inventory of aerospace parts, comprised of approximately 500,000 different stock keeping units, including hardware, bearings, tools, electronic components and machined parts. Wesco Aircraft has more than 1,200 employees across 43 locations in 12 countries.