{"schema_version":"secwatch.filing_event.v1","accession":"0001743907-25-000047","form_type":"8-K","ticker":"SNCY","cik":"0001743907","company_name":"Sun Country Airlines Holdings, Inc.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.318901+00:00","generated_at":"2026-05-17T05:06:22.785679+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sun Country enters $108M term loan at 5.98% to refinance existing debt and five 737-900 aircraft","bullets":["$108M term loan facility at fixed 5.98% interest, maturing September 22, 2032.","Proceeds repay existing March 2023 term loan and refinance five Boeing 737-900 aircraft.","Three aircraft currently leased to unaffiliated third party; leases expire Nov 2025–Nov 2026.","Loan drawn in two parts; second draw must occur by December 19, 2025.","No limitations on unsecured debt or debt secured by non-collateral assets; customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001743907-25-000047","json":"https://secwatch.observer/filing/0001743907-25-000047.json","markdown":"https://secwatch.observer/filing/0001743907-25-000047.md","text":"https://secwatch.observer/filing/0001743907-25-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/0001743907-25-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/sncy-20251001.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:06:22.785679+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":"0b4486b5444bc753b77eb56009d0539e810577e2","claim":"Sun Country Airlines Holdings, Inc. incurred term loan of $108,000,000 with UMB Bank, National Association at 5.98% per annum maturing September 22, 2032.","evidence_excerpt":"On September 26, 2025, Sun Country Inc. (d/b/a Sun Country Airlines) (\"Sun Country\"), a wholly owned company of Sun Country Airlines Holdings, Inc. (the \"Company,\" \"we,\" \"us\" or \"our\") entered into a $108,000,000 Term Loan Facility Agreement among Sun Country, the lenders party thereto and UMB Bank, National Association, as administrative agent and mortgagee (the \"Term Loan Facility\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/0001743907-25-000047-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$108,000,000"},{"label":"Counterparty","value":"UMB Bank, National Association"},{"label":"Rate","value":"5.98% per annum"},{"label":"Maturity","value":"September 22, 2032"},{"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"}