Investor Overview / Financials / Fixed Income

Fixed Income

Credit Ratings

S&P MOODY'S
Corporate Credit Rating BBB Baa3
Outlook Negative Stable
CUSIP
4.70% Senior notes due 2025 428291AM0
3.95% Senior Notes due 2027 428291AN8

Debt Overview

Leverage

Management believes that adjusted EBITDA, which is a non-GAAP measurement, is meaningful to investors because it provides a view of Hexcel with respect to ongoing operating results excluding special items. Special items represent significant charges or credits that are important to an understanding of Hexcel’s overall operating results in the periods presented. Such non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance.