---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-139480"
form_type: "8-K"
ticker: "LOAR"
cik: "0002000178"
company_name: "Loar Holdings Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:44:49.796148+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Loar refinances debt: extends term loans to 2030, reduces margin to 4.75%, adds $100M delayed draw and $50M revolver

## Summary
- Maturity of term loans extended to May 10, 2030; applicable margin reduced from 7.25% to 4.75% with step-ups based on leverage.
- Replaced existing delayed draw commitments with $100M new delayed draw term loan, available through May 10, 2026.
- Replaced revolver with $50M new revolver, maturing May 10, 2029; undrawn commitment fee of 0.375% per annum.
- Lenders include affiliates of Blackstone Alternative Credit Advisors LP (held ~14% of LOAR common stock as of IPO closing on April 29, 2024).

## SEC filing metadata
- accession: 0001193125-24-139480
- form_type: 8-K
- ticker: LOAR
- cik: 0002000178
- company_name: Loar Holdings Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/0001193125-24-139480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/d742835d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-139480
- JSON: https://secwatch.observer/filing/0001193125-24-139480.json
- Plain text: https://secwatch.observer/filing/0001193125-24-139480.txt

## Key facts
- Debt Financings
  Loar Holdings Inc. amended credit facility of $100 million of new delayed draw term commitments and $50 million of new revolving credit commitments with First Eagle Alternative Credit, LLC at reduce the applicable margin applicable to term loans thereunder from 7.25% to 4 maturing term loans: May 10, 2030; revolving credit: May 10, 2029.
  - Instrument: credit facility
  - Principal: $100 million of new delayed draw term commitments and $50 million of new revolving credit commitments
  - Counterparty: First Eagle Alternative Credit, LLC
  - Rate: reduce the applicable margin applicable to term loans thereunder from 7.25% to 4
  - Maturity: term loans: May 10, 2030; revolving credit: May 10, 2029
  - Event: amendment
  source text: pursuant to which, among other things, the Company amended its existing credit agreement to (i) extend the maturity date applicable to term loans thereunder to May 10, 2030, (ii) reduce the applicable margin applicable to term loans thereunder from 7.25% to 4.75% (with two 25 basis point step ups based on the Company’s total net leverage ratio), (iii) replacing the existing delayed draw term loan commitments available thereunder with $100 million of new delayed draw term commitments available to be drawn on or prior to May 10, 2026 and (iv) replacing the revolving credit commitments thereunder with $50 million of new revolving credit commitments, which have a maturity date of May 10, 2029 and an undrawn commitment fee of 0.375% per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/0001193125-24-139480-index.htm
- Material Agreements
  Loar Holdings Inc. amended Fifteenth Amendment to Credit Agreement and First Amendment to Security Agreement with First Eagle Alternative Credit, LLC, as administrative agent for the lenders and as collateral agent for the secured parties, and Citibank, N.A., as the revolving administrative agent valued at $100 million of new delayed draw term commitments (effective 2024-05-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: First Eagle Alternative Credit, LLC, as administrative agent for the lenders and as collateral agent for the secured parties, and Citibank, N.A., as the revolving administrative agent
  - Value: $100 million of new delayed draw term commitments
  - Effective: 2024-05-10
  source text: On May 10, 2024, Loar Holdings Inc. (the “Company”), Loar Group Inc., certain subsidiary guarantors, certain lenders, First Eagle Alternative Credit, LLC, as administrative agent for the lenders and as collateral agent for the secured parties, and Citibank, N.A., as the revolving administrative agent, entered into the Fifteenth Amendment to Credit Agreement and First Amendment to Security Agreement (the “Credit Agreement Amendment” and the existing credit agreement as amended thereby, the “Credit Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/0001193125-24-139480-index.htm

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