Aircraft component maker Heico (HEI +1.3%) outperforms after obtaining a $670M unsecured credit...

|By:, SA News Editor

Aircraft component maker Heico (HEI +1.3%) outperforms after obtaining a $670M unsecured credit facility, good through Dec. 2016. The facility replaces one worth $300M, and will feature interest rates of 75-225 bps above LIBOR.