---
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"
generated_at: "2026-05-17T07:04:54.720057+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sky Harbour enters $200M term loan facility with JPMorgan to fund hangar projects

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028762
- JSON: https://secwatch.observer/filing/0001437749-25-028762.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028762.txt

## Key facts
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: up to $200 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: 80% of the sum of SOFR and 0.10%, plus 200 basis points
  - Maturity: September 4, 2030
  - Event: incurrence
  source text: a term loan facility in an aggregate principal amount of up to $200 million (the “Term Loan Facility”) at any one time outstanding
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774925028762/0001437749-25-028762-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.