Material agreement

Summary

• On July 13, 2026, HEICO executed an Underwriting Agreement with BofA Securities, PNC Capital Markets, Truist Securities and Wells Fargo Securities for $550,000,000 of 4.950% Senior Notes due 2031 and $650,000,000 of 5.400% Senior Notes due 2036.
• The Company completed the public sale of the Notes on July 16, 2026, and intends to use net proceeds to pay down outstanding borrowings under its $2.2 billion revolving credit agreement.
• Interest is payable semi-annually in arrears on February 1 and August 1 of each year, commencing February 1, 2027, with the 2031 Notes maturing August 1, 2031 and the 2036 Notes maturing August 1, 2036.
• The Notes were issued under an Indenture dated July 16, 2026 between HEICO and Truist Bank as trustee, and are direct, unsecured senior obligations ranking equally with existing senior unsecured indebtedness.
• This is HEICO's second notes offering, building on its inaugural 2023 issuance, and both offerings earned investment grade ratings.
• Truist Securities, BofA Securities, PNC Capital Markets, Wells Fargo Securities, Credit Agricole CIB and TD Securities served as joint book-running managers.

Why it mattersHEICO raised $1.2 billion in long-term debt to reduce revolving credit borrowings, extending its maturity schedule and preserving capacity to fund acquisitions across its aviation, defense and space businesses.