Spirit AeroSystems extends maturity of revolving credit facility

Spirit AeroSystems announced an amendment to its existing credit agreement. The amendment, among other things, extends the maturity of the Company’s revolving credit facility from June 2010 to June 2012 and increases the revolving credit facility size from $650 million to $729 million through June 2010 before stepping down to $409 million from June 2010 through June 2012. The additional near-term liquidity comes from $79 million of new commitments from lenders above the existing $650 million, making a total of $729 million of credit capacity available through June 2010. In June 2010, the facility will return to a base operating level of $409 million, which will mature in June 2012.