debt
confidence high
sentiment positive
materiality 0.65
Karman Holdings refinances $764M term loans, cuts interest rate by 50 bps
Karman Holdings Inc.
- Refinanced $763,961,000 term loans to SOFR+2.25%, down 50 bps from prior rate.
- Revolving credit facility pricing grid reduced 50 bps; highest level now SOFR+2.00%.
- Fifth Amendment effective August 3, 2026; existing term loans fully refinanced.
- Quarterly amortization remains 0.25% of original principal amount.
- Repricing event prepayment premium of 1.00% applies for six months after closing.