secwatch.observer — SEC 8-K summary
======================================

Issuer:     Karman Holdings Inc. (KRMN)
CIK:        0002040127
Form:       8-K
Filed at:   2026-08-06T10:01:35+00:00
Accession:  0001193125-26-336486
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karman Holdings refinances $764M term loans, cuts interest rate by 50 bps
-------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526336486/0001193125-26-336486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526336486/d147675d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-336486

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer