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​Aerojet Rocketdyne refi wipes US$20m off annual interest costs

Connectivity BusinessbyConnectivity Business
June 21, 2016
in Uncategorized
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US propulsion specialist Aerojet Rocketdyne has moved to take advantage of a favourable debt market to refinance its credit facility and redeem a bond. The transaction, which slashes annual interest payments by US$20m, comes as the company develops an all-American replacement for the Russian-built RD-180 rocket engine. US rocket engine maker Aerojet Rocketdyne (NYSE:AJRD) has moved to take advantage of a […]

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