Hexcel Corp Files 8-K: Other Events & Financials

TL;DR

Hexcel filed an 8-K on 2/12/25 for events on 2/11/25. Standard reporting.

AI Summary

On February 12, 2025, Hexcel Corporation filed an 8-K report detailing other events and financial statements. The report was filed as of February 12, 2025, with the earliest event reported on February 11, 2025. Hexcel Corporation, incorporated in Delaware, is headquartered in Stamford, Connecticut.

Why It Matters

This filing provides an update on Hexcel Corporation's corporate activities and financial reporting, which is important for investors to stay informed about the company's status.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K report for other events and financial statements, not indicating any unusual or significant company-specific developments.

Key Numbers

• 001-08472 — SEC File Number (Hexcel's SEC filing identifier)
• 94-1109521 — IRS Employer Identification No. (Hexcel's tax identification number)

Key Players & Entities

• Hexcel Corporation (company) — Registrant
• Delaware (jurisdiction) — State of Incorporation
• Stamford, Connecticut (location) — Principal Executive Offices
• February 12, 2025 (date) — Date of Report
• February 11, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 HXL The New York Stock Exchange I
• $300,000,000 — , relating to the Company's offering of $300,000,000 aggregate principal amount of its unsec

Filing Documents

• ny20042516x3_8k.htm (8-K) — 41KB
• ny20042516x3_ex1-1.htm (EX-1.1) — 221KB
• ny20042516x3_ex99-1.htm (EX-99.1) — 9KB
• ny20042516x3_ex99-1image01.jpg (GRAPHIC) — 338KB
• 0001140361-25-003947.txt ( ) — 923KB
• hxl-20250211.xsd (EX-101.SCH) — 4KB
• hxl-20250211_lab.xml (EX-101.LAB) — 21KB
• hxl-20250211_pre.xml (EX-101.PRE) — 16KB
• ny20042516x3_8k_htm.xml (XML) — 4KB

01 Other

Item 8.01 Other Events. On February 11, 2025, Hexcel Corporation (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acting as representatives of the several underwriters named therein (collectively the "Underwriters"), relating to the Company's offering of $300,000,000 aggregate principal amount of its unsecured 5.875% Senior Notes due 2035 (the "Notes") in a registered public offering. The Company intends to use the net proceeds from the sale of the Notes to (i) fund the redemption of the Company's outstanding unsecured 4.700% Senior Notes due 2025 (the "2025 Notes"), of which $300,000,000 was outstanding as of the date hereof and (ii) pay fees and expenses in respect of the foregoing. The offering of the Notes was made pursuant to the Company's shelf registration statement on Form S-3ASR (Registration No. 333-278173), filed with the U.S. Securities and Exchange Commission (the "SEC") on March 22, 2024. The Notes are being issued under the base indenture, dated as of August 3, 2015 , as supplemented by a supplemental indenture relating to the Notes, to be dated on or about February 26, 2025, in each case between the Company and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association) , as trustee. The Company expects the offering of the Notes to close on February 26, 2025, subject to customary closing conditions. Pursuant to the Underwriting Agreement, the Company agreed to sell the Notes to the Underwriters and the Underwriters agreed to purchase the Notes for resale to the public. The Underwriting Agreement includes customary representations, warranties and covenants by the Company. The Underwriting Agreement also provides for customary indemnification by each of the Company and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities. The foregoi

01. Financial

Item 9.01. Financial (d) Exhibits Exhibit Number Description 1.1 Underwriting Agreement, dated February 11, 2025, by and among the Company and BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters listed on Schedule A thereto 99.1 Hexcel Corporation Press Release, dated February 11, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to future prospects, developments and business strategies. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "seek," "target," "would," "will" and similar terms and phrases, including references to assumptions. Such statements are based on current expectations, are inherently uncertain and are subject to changing assumptions. No assurance can be given that any commitment, plan, initiative, projection, goal, expectation, or prospect set forth in this Current Report on Form 8-K can or will be achieved. Inclusion of information in this Current Report on Form 8-K is not an indication that the subject or information is material to our business or operating results. Such forward-looking statements include, but are not limited to: (a) the estimates and expectations based on aircraft production rates provided by Airbus, Boeing and others and the revenues we may generate from an aircraft model or program; (b) expectations with regard to the impact of regulatory activity related to the Boeing 737 MAX on our revenues; (c) expectations with regard to raw material cost and availability; (d) expectations of composite content on new commercial aircraft programs and our share of those requirements; (e) expectations regarding revenues from space and defense applications, including whether certain programs might be curtailed or discontinued; (f) expectations regarding sales for industrial applications; (g) expectations regarding cash generation, working capital t

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View this 8-K filing on SEC EDGAR