AAR Increases Size of Revolving Credit Facility to $580M from $400M

AAR CORP.

announced today that it has amended its senior, unsecured credit agreement. The amendment increases the initial limit under the facility from $400 million to $580 million, and can be increased to $680 million under certain circumstances.  All pricing terms under the agreement were left unchanged and certain covenants under the facility were modified to provide the Company greater flexibility.