flyExclusive amends senior secured note: maturity to 2028, quarterly payments of $2.4M

FLYEXCLUSIVE INC.

Maturity extended from Jan 26, 2026 to Jan 26, 2028.
Interest rate: 15% p.a. if outstanding >=$12.5M, otherwise 13% p.a.
Revolving advance eliminated; first quarterly principal payment of $2.4M due June 30, 2026.
Outstanding principal reset to $24,274,179.77; $26,542 in reimbursable expenses added.
Non-refundable back end fee of $386,697.94 payable at maturity or acceleration.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

FLYEXCLUSIVE INC. amended First Amendment to the Senior Secured Note with ETG FE LLC valued at extended Maturity Date to January 26, 2028; revised interest rates (15.00% or 13.00%); eliminated re (effective 2026-01-26).

Action: amendment
Agreement: credit facility
Counterparty: ETG FE LLC
Value: extended Maturity Date to January 26, 2028; revised interest rates (15.00% or 13.00%); eliminated re
Effective: 2026-01-26

Exact text from the filing

On February 16, 2026, the parties to the Senior Secured Note executed the First Amendment to the Senior Secured Note, effective as of January 26, 2026 (the “Amendment”), which, among other things, extended the Maturity Date to January 26, 2028.

View on SEC.gov

317 material agreements filed in the last 30 days. Browse all material agreements →

FLYEXCLUSIVE INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-057007

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.