On behalf of aerospace and electronics company HEICO Corporation, national law firm Akerman closed an offering of $600 million in aggregate principal amount of 5.250% Senior Notes due 2028 and $600 million in aggregate principal amount of 5.350% Senior Notes due 2033.

HEICO intends to use the net proceeds from the sale of the Notes to fund a portion of the purchase price for the acquisition of commercial and military aircraft aftermarket company Wencor Group, including related fees and expenses, and use any remaining amounts for general corporate purposes.

Akerman is representing HEICO in its acquisition of Wencor, its largest acquisition ever, for a $2.05 billion aggregate purchase price, consisting of $1.9 billion in cash and $150 million in HEICO Class A Common Stock.

The Akerman team representing HEICO in the Notes offering includes Capital Markets Practice Co-Chairs Christina Russo and Esther Moreno and Corporate Finance and Lending Practice Chair William Arnhols, Corporate Practice Group Co-Chair Jonathan Awner, and associates Amanda Rementeria, Taylor Jobb, Andrew Bayer, and Gabrielle Gaudet.

About Akerman

Akerman LLP is a top 100 U.S. law firm recognized among the most forward-thinking firms in the industry by Financial Times. Its more than 700 lawyers and business professionals collaborate with the world’s most successful enterprises and entrepreneurs to navigate change, seize opportunities, and help drive innovation and growth.

The Akerman Corporate Practice Group advises public and private companies, including private equity funds, on M&A, capital markets transactions, financings, and other transactional matters, with a strong focus on the middle market. Akerman is top-ranked nationally for mergers, acquisitions and buyouts: middle market by The Legal 500 and is recognized as a leading U.S. law firm by U.S. News - Best Lawyers for corporate, M&A, private equity, securities/capital markets, securities regulation and banking and finance law.