---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-001099"
form_type: "8-K"
ticker: "SKYH"
cik: "0001823587"
company_name: "Sky Harbour Group Corp"
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:56:20.311965+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sky Harbour amends credit facility, draws $13M, announces $100M tax-exempt bond offering

## Summary
- First Amendment permits surplus cash release from Credit Agreement post-January 2027 subject to 2.00x DSCR.
- Camarillo and Bradley hangar campuses added to borrowing base; $13M drawn for Bradley capex and general purposes.
- $187M capacity remains under the Credit Agreement after draw.
- Preliminary limited offering memorandum filed for $100M 5-year tax-exempt bonds by unit Sky Harbour Capital III.
- Updated hangar occupancy statistics for operating campuses included in press release.

## SEC filing metadata
- accession: 0001437749-26-001099
- form_type: 8-K
- ticker: SKYH
- cik: 0001823587
- company_name: Sky Harbour Group Corp
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823587/000143774926001099/0001437749-26-001099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823587/000143774926001099/ysac20260112_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-001099
- JSON: https://secwatch.observer/filing/0001437749-26-001099.json
- Plain text: https://secwatch.observer/filing/0001437749-26-001099.txt

## Key facts
- Debt Financings
  Sky Harbour Group Corp incurred credit facility of approximately $13 million with JPMorgan Chase Bank, N.A., as administrative agent.
  - Instrument: credit facility
  - Principal: approximately $13 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Event: incurrence
  source text: SH Capital II drew funds of approximately $13 million under the Credit Agreement in order to reimburse the Company for prior advances
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774926001099/0001437749-26-001099-index.htm
- Material Agreements
  Sky Harbour Group Corp amended First Amendment to Draw Down Note Purchase and Continuing Covenant Agreement with JPMorgan Chase Bank, N.A., as administrative agent, sole bookrunner and sole lead arranger, and the lenders party thereto (effective 2026-01-08).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, sole bookrunner and sole lead arranger, and the lenders party thereto
  - Effective: 2026-01-08
  source text: On January 8, 2026, Sky Harbour Capital II LLC (“SH Capital II”), a wholly-owned subsidiary of Sky Harbour Group Corporation (the “Company”), entered into an amendment (the “Amendment”) to its Draw Down Note Purchase And Continuing Covenant Agreement (the “Credit Agreement”), among SH Capital II, the other borrowers party thereto (the “Borrowers”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent, sole bookrunner and sole lead arranger (“JPMorgan” or “Administrative Agent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774926001099/0001437749-26-001099-index.htm
- Material Agreements
  Sky Harbour Group Corp amended Sky III Guaranty Amendment (effective 2026-01-08).
  - Action: amendment
  - Agreement: credit facility
  - Effective: 2026-01-08
  source text: In addition, Sky Harbour Holdings III LLC (“SKYH III”), a wholly-owned subsidiary of the Company and a guarantor of the Credit Agreement, amended its related guaranty (the “Sky III Guaranty”, and such amendment, the “Sky III Guaranty Amendment”) to provide for, among other things, conditions under which surplus funds arising from amounts received by Sky Harbour LLC from excess revenues released from the Master Trust Indenture (Security Agreement), dated as of August 1, 2021, among Sky Harbour Capital LLC, and subsidiary entities thereof (“Obligated Group I”), and The Bank of New York Mellon, as master trustee, as amended from time to time and as joined from time to time by additional members as permitted therein (the “Master Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774926001099/0001437749-26-001099-index.htm

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