---
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"
generated_at: "2026-05-24T03:11:25.317672+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Sun Country Airlines enters $75M revolving credit facility, up $50M from prior

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743907-25-000013
- JSON: https://secwatch.observer/filing/0001743907-25-000013.json
- Plain text: https://secwatch.observer/filing/0001743907-25-000013.txt

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