secwatch.observer — SEC 8-K summary
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Issuer:     StandardAero, Inc. (SARO)
CIK:        0002025410
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001193125-24-249840
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StandardAero closes $2.25B in new credit facilities, refinances existing debt
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- U.S. Borrower entered $1.63B Term Loan B-1, Canadian Borrower $620M Term Loan B-2, and $750M revolver.
- Term Loan Facilities mature Oct 31, 2031; Revolving Facility matures Oct 31, 2029.
- Proceeds used to repay Prior Cash Flow and ABL credit agreements; revolver also for working capital.
- Floating rate based on Term SOFR/EURIBOR/CORRA/SONIA plus margins of 2.00%-2.25% for term loans.
- Facilities secured by first-priority pledges on equity and substantially all assets of loan parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025410/000119312524249840/0001193125-24-249840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025410/000119312524249840/d865378d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-249840

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