secwatch.observer — SEC 8-K summary
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Issuer:     AEVEX Corp. (AVEX)
CIK:        0002096300
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001193125-26-177298
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

AEVEX Corp. enters new $375M credit facility, repays prior debt
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- New credit facilities aggregate $375M: $100M term loan, $75M delayed draw term loan, $200M revolver.
- Prior credit agreement dated March 18, 2020 fully repaid and terminated on April 20, 2026.
- Financial covenants: max total net leverage ratio 3.50:1 (3.00:1 after June 2029); min interest coverage 3.00:1.
- Facilities mature April 20, 2031; interest rates based on SOFR plus 2.25%-3.00% or base rate plus 1.25%-2.00%.
- Guaranteed by certain subsidiaries and secured by substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2096300/000119312526177298/0001193125-26-177298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2096300/000119312526177298/d108131d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-177298

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