Karman Holdings Inc. (KRMN): debt financing — Karman acquires Five Axis for $83M cash + stock; upsizes term loan by $130M

Karman Holdings Inc.

Acquired Five Axis Industries for $83M cash and 68,625 shares of Karman common stock (~$5M).
Increased Term Loan B from $375M to $505M to fund cash portion and repay revolver credit facility.
Five Axis specializes in engine subsystems (nozzles, fuel systems) for commercial space programs; closed Oct 28, 2025.
Acquisition is immediately accretive to revenue growth, Adjusted EBITDA margin, and cash flow.
Adds complementary capabilities including 3D-printed inconel technology and expands Karman's IP portfolio.

item 1.01 item 2.03 item 7.01 item 8.01 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

Karman Holdings Inc. incurred term loan of $130,000,000 with Citibank, N.A..

Instrument: term loan
Principal: $130,000,000
Counterparty: Citibank, N.A.
Event: incurrence

Exact text from the filing

The Credit Agreement Amendment provides for an incremental term loan in the aggregate original principal amount of $130,000,000 (the “Incremental Term Loan”).

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304 debt financings filed in the last 30 days. Browse all debt financings →

Karman Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-258706

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