WASHINGTON (Reuters) -Shares of Spirit AeroSystems dropped 15% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier.
The company announced a proposed public offering of $200 million of its Class A common stock.
It also plans to offer $200 million in Exchangeable Senior Notes set to mature in 2028.
Shares, which closed flat at $24.64, fell to $20.94 in after-hours trading.
(Reporting by Valerie InsinnaEditing by Chris Reese)