secwatch.observer — SEC 8-K summary
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Issuer:     Loar Holdings Inc. (LOAR)
CIK:        0002000178
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001193125-24-139480
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/0001193125-24-139480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000178/000119312524139480/d742835d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-139480

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer