{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028762","form_type":"8-K","ticker":"SKYH","cik":"0001823587","company_name":"Sky Harbour Group Corp","filed_at":"2025-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.154071+00:00","generated_at":"2026-05-17T07:04:54.720057+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sky Harbour enters $200M term loan facility with JPMorgan to fund hangar projects","bullets":["Term loan facility of up to $200M (expandable to $300M with credit approval) to finance hangar construction.","Loans mature Sept 4, 2030; interest at 80% of (SOFR+0.10%) plus 200 bps; upfront fee 1.50%.","Covenants include 65% leverage ratio and DSCR <1.25x after Sept 2028 or trigger event.","Borrowers must hedge 50% of interest rate exposure once outstanding balance reaches $25M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028762","json":"https://secwatch.observer/filing/0001437749-25-028762.json","markdown":"https://secwatch.observer/filing/0001437749-25-028762.md","text":"https://secwatch.observer/filing/0001437749-25-028762.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823587/000143774925028762/0001437749-25-028762-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823587/000143774925028762/ysac20250910_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:04:54.720057+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9aec7469481980a910356b74ae759159aa589054","claim":"Sky Harbour Group Corp incurred term loan of up to $200 million with JPMorgan Chase Bank, N.A. at 80% of the sum of SOFR and 0.10%, plus 200 basis points maturing September 4, 2030.","evidence_excerpt":"a term loan facility in an aggregate principal amount of up to $200 million (the “Term Loan Facility”) at any one time outstanding","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823587/000143774925028762/0001437749-25-028762-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"up to $200 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"80% of the sum of SOFR and 0.10%, plus 200 basis points"},{"label":"Maturity","value":"September 4, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}