AAR Announces Redemption of its Remaining 1.75% Convertible Senior Notes due 2026

WOOD DALE, Ill., March 8, 2013 /PRNewswire/ — AAR CORP. (NYSE: AIR) announced today that it has exercised its right to redeem its remaining $2,671,000 principal amount of 1.75% Convertible Senior Notes due 2026 (the “Notes”), in accordance with the terms of the Notes. The redemption date for the Notes is April 8, 2013.

The redemption price for the Notes is 100% of the principal amount redeemed, plus any accrued and unpaid interest on the Notes up to, but not including, the redemption date.