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HXL 424B2: Secondary offering

Filed with the SEC on · accession 0001140361-26-017838

HXL filed a 424B2 (prospectus (offering)) with the SEC on Apr 29, 2026. Hexcel Corporation is issuing $400 million aggregate principal amount of 4.900% Senior Notes due 2031 in an underwritten public offering. The stock moved -2.7% by the first close after the filing.

Summary of the filing

Hexcel Corporation is issuing $400 million aggregate principal amount of 4.900% Senior Notes due 2031 in an underwritten public offering. The notes will bear interest at 4.900% per annum, mature on May 15, 2031, and are unsecured obligations of the company.

For details, click here →How to read a 424B2 →

Key details

Aggregate principal amount of notes offered$400.0M
Public offering price per note$100
Total public offering price$399.6M
Underwriting discount$2.4M
Net proceeds to Hexcel before expenses$397.2M
IssuerHexcel Corporation
Joint-book running managerBofA Securities
Joint-book running managerGoldman Sachs & Co. LLC
Joint-book running managerJ.P. Morgan
Joint-book running managerUS Bancorp
Joint-book running managerTD Securities
Co-managerBNP PARIBAS
Co-managerING
Co-managerPNC Capital Markets LLC

How HXL stock reacted

Close before

$93.06

Apr 28, 2026

First close after

-2.71%

$90.54

5 trading days

-0.21%

$92.86

Since filing

-13.60%

$80.40

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Frequently asked questions

What did HXL file with the SEC on Apr 29, 2026?

HXL filed a 424B2 (Secondary offering). Hexcel Corporation is issuing $400 million aggregate principal amount of 4.900% Senior Notes due 2031 in an underwritten public offering. The notes will bear interest at 4.900% per annum, mature on May 15, 2031, and are unsecured obligations of the company.

What does a secondary offering mean for HXL stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B2?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B2 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did HXL stock react to this filing?

HXL closed at $93.06 before the filing and $90.54 on Apr 29, 2026 (-2.71%). Five trading days later: $92.86 (-0.21%).

Other HXL SEC filings

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