{"schema_version":"secwatch.filing_event.v1","accession":"0001743907-25-000013","form_type":"8-K","ticker":"SNCY","cik":"0001743907","company_name":"Sun Country Airlines Holdings, Inc.","filed_at":"2025-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.689700+00:00","generated_at":"2026-05-24T03:11:25.317672+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Sun Country Airlines enters $75M revolving credit facility, up $50M from prior","bullets":["Four-year $75M revolver with UMB Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.","Revolver represents $50M increase (200%) over previous facility; proceeds for general corporate purposes.","Borrowings bear interest at SOFR + 2.50%; secured by aircraft, engines, spare parts, and other collateral.","Covenants include minimum unrestricted cash/proceeds/commitments of $55M, min adjusted EBITDAR $110M, and min borrowing base ratio 1.0x.","Revolver guaranteed by Sun Country Airlines Holdings and contains customary cross-default provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001743907-25-000013","json":"https://secwatch.observer/filing/0001743907-25-000013.json","markdown":"https://secwatch.observer/filing/0001743907-25-000013.md","text":"https://secwatch.observer/filing/0001743907-25-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743907/000174390725000013/0001743907-25-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743907/000174390725000013/sncy-20250324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T03:11:25.317672+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}