B/E Aerospace Announces Offering of Senior Notes by KLX

WELLINGTON, Fla.—(BUSINESS WIRE)—B/E Aerospace, Inc. (“B/E” or the “Company”) (NASDAQ:BEAV) announced today that its wholly-owned subsidiary KLX, Inc. (“KLX”) has commenced an offering of approximately $1.2 billion of senior notes (the “Notes”) in preparation for the spin-off of KLX. It is expected that the proceeds from the offering will be deposited into an escrow account pending the completion of the spin-off.

The Notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act. The Notes have not been registered under the Securities Act, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.