EX-99.1 2 ex99-1.htm NOTICE OF FULL REDEMPTION

 

EXHIBIT 99.1

 

NOTICE OF FULL REDEMPTION

 

BY

 

BE AEROSPACE, INC.

 

OF $250,000,000

 

87/8% SENIOR SUBORDINATED NOTES DUE 2011

 

CUSIP No. 055381AK3

 

 

Redemption Date: May 1, 2007

 

NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Indenture dated as of April 17, 2001 (the “Indenture”), between BE Aerospace, Inc. (the “Company”) and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”), under which the 87/8% Senior Subordinated Notes due 2011 (the “Notes”) of the Company were issued, and pursuant to the provisions of the Notes, the Company hereby calls for redemption on May 1, 2007 (the “Redemption Date”) all of the outstanding Notes at a redemption price equal to 102.9583% of the principal amount of each such Note (the “Redemption Price”). In accordance with the provisions of Section 1106 of the Indenture, prior to the Redemption Date, the Company intends to deposit in trust with The Bank of New York Trust Company, N.A. as Paying Agent (the “Paying Agent”), moneys sufficient in amount to pay the aggregate Redemption Price (together with accrued interest, if any, to the Redemption Date) for all Notes surrendered for redemption.

 

On the Redemption Date, the Redemption Price (together with accrued interest, if any, to the Redemption Date) will become due and payable upon the Notes. Interest on the Notes will cease to accrue from and after the Redemption Date, and the only remaining right of the holders of the Notes after the Redemption Date shall be the right to receive payment of such Redemption Price (together with accrued interest, if any, to the Redemption Date) upon presentation and surrender of certificates representing the Notes to the Paying Agent.

 

No representation is made as to the correctness or accuracy of the CUSIP numbers listed above.

 

Payment of the Redemption Price (together with accrued interest, if any, to the Redemption Date) on the Notes will be made on or after the Redemption Date, upon presentation and surrender of the Note certificates to the Paying Agent at the addresses listed below.

 

By Overnight Courier and By Hand:
The Bank of New York Trust Company, N.A.
Corporate Trust Operations
111 Sanders Creek Parkway
East Syracuse, NY 13057

 

INQUIRIES MAY BE ADDRESSED TO THE OFFICE OF THE CORPORATE SECRETARY OF THE COMPANY (Phone # (561) 791-5000).

 

DATE: March 30, 2007

BE AEROSPACE, INC.