---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-017931"
form_type: "8-K"
ticker: "FTAI"
cik: "0001590364"
company_name: "FTAI Aviation Ltd."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:56:32.802861+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FTAI upsizes revolving credit facility to $2.025B, extends maturity to 2031

## Summary
- Total commitments increased from $400M to $2.025B; maturity extended to April 2031.
- Facility oversubscribed; syndication agents: JPMorgan, BNP Paribas, Citibank, MUFG, PNC, RBC.
- Improved pricing reduces borrowing cost; SOFR +1.25%-2.00% or Base Rate +0.25%-1.00%.
- Proceeds for working capital, general corporate purposes, and permitted acquisitions.
- Financial covenants: min interest coverage 3.00x, max debt/EBITDA 4.00x (temporarily 4.50x).

## SEC filing metadata
- accession: 0001140361-26-017931
- form_type: 8-K
- ticker: FTAI
- cik: 0001590364
- company_name: FTAI Aviation Ltd.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590364/000114036126017931/0001140361-26-017931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590364/000114036126017931/ef20071938_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-017931
- JSON: https://secwatch.observer/filing/0001140361-26-017931.json
- Plain text: https://secwatch.observer/filing/0001140361-26-017931.txt

## Source-grounded claims
- claim_id: 574f739708a1dafd270775b99d300df28d6acfa5
  claim: FTAI Aviation Ltd. incurred revolving credit of up to $2,025,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR Rate plus a margin ranging from 1.25% to 2.00% per annum maturing April 24, 2031.
  evidence_excerpt: On April 24, 2026 (the “Closing Date”), FTAI Aviation Investors LLC, a Delaware limited liability company (the “Borrower Representative”), entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), amending and restating in its entirety the Third Amended and Restated Credit Agreement, dated as of May 23, 2024 (as amended prior to the effectiveness of the Credit Agreement). The Credit Agreement provides for revolving loans to be made available to the Borrower Representative and any additional borrowers in an aggregate principal amount of up to $2,025,000,000 (the “Revolving Credit Facility”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590364/000114036126017931/0001140361-26-017931-index.htm
- claim_id: cc83b2db4ecfc6200d90b77c20ebcfd363dcd419
  claim: FTAI Aviation Ltd. entered into Fourth Amended and Restated Credit Agreement with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent valued at up to $2,025,000,000 (effective 2026-04-24).
  evidence_excerpt: On April 24, 2026 (the “Closing Date”), FTAI Aviation Investors LLC, a Delaware limited liability company (the “Borrower Representative”), entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590364/000114036126017931/0001140361-26-017931-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
