Firefly Aerospace Inc. (FLY): debt financing — Firefly Aerospace completes IPO of 22.19M shares at $45; enters $125M credit facility

Firefly Aerospace Inc.

IPO of 19.296M firm shares plus full exercise of 2.894M overallotment, total 22.19M shares at $45.00 public offering price.
Underwriters purchase price $42.4125 per share; net proceeds to Firefly for working capital and general corporate purposes.
New $125M senior secured revolving credit facility (Wells Fargo agent) maturing August 2028 with SOFR+3.00% spread.
Pamela Braden, Kevin McAllister, Jon Lusczakoski, Ryan Boland appointed to board of directors effective August 8, 2025.
Adopted 2025 Omnibus Incentive Plan and Employee Stock Purchase Plan; entered indemnification agreements with directors/officers.

item 1.01 item 2.03 item 3.03 item 5.03 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Firefly Aerospace Inc. incurred revolving credit of $125.0 million with Wells Fargo Bank, National Association, as Administrative Agent at term SOFR plus a 3.00% spread or alternative base rate plus a 2.00% spread maturing August 8, 2028.

Instrument: revolving credit
Principal: $125.0 million
Counterparty: Wells Fargo Bank, National Association, as Administrative Agent
Rate: term SOFR plus a 3.00% spread or alternative base rate plus a 2.00% spread
Maturity: August 8, 2028
Event: incurrence

Exact text from the filing

Fargo Bank, National Association, as Administrative Agent. The Credit Agreement provides for a senior secured revolving credit facility in the aggregate principal amount of $125.0 million (the “Revolving Credit Facility”) that is guaranteed by certain of the Company’s wholly-owned domestic subsidiaries and secured by substantially all of the Company’s assets and

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Firefly Aerospace Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-177023

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