AAR increases size and extends maturity of revolving credit facility

WOOD DALE, Ill., Oct. 26, 2026 /PRNewswire/ -- AAR CORP. (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, today announced that it has amended its revolving credit facility, increasing total commitments to $1.375 billion, an increase of $550 million from the previous commitment of $825 million, and extending the maturity from December 2027 to October 2031.

The amended facility continues to be unsecured and facilitates the financing of AAR's previously announced pending acquisition of a controlling interest in MRO Holdings.

"The increased size, additional financial flexibility, and extended maturity of our revolving credit facility provide AAR with the means to support our growth strategy," said Dylan Wolin, AAR's Senior Vice President and Chief Financial Officer. "We appreciate the increase in commitments from 100% of our prior bank group, as well as the entry of two high-quality banks, and their collective confidence in AAR."

Wells Fargo served as Left Lead Arranger and Administrative Agent. Additional details regarding the amended revolving credit facility can be found in AAR's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

For more information on AAR, visit aarcorp.com.

About AAR
AAR is a leading global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through three primary operating segments: Parts Supply; Repair, Engineering, and Software; and Government Solutions. Additional information can be found at aarcorp.com.

Contact:
Chris Tillett – Investor Relations
+1-630-227-5830
investors@aarcorp.com

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SOURCE AAR CORP.