AAR buys back $6.89 million 6 7/8% notes, $8 million convertibles

New York, Oct. 1 - AAR Corp. said it repurchased $6.89 million of its 6 7/8% notes due December 2007 and $8 million of its 2.875% convertible notes due February 2024 during the first fiscal quarter ended Aug. 31.

The Wood Dale, Ill., provider of products and value-added services to the aerospace and aviation industry paid a total of $13.64 million for the notes, according to a 10-Q filing with the Securities and Exchange Commission.

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