---
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"
generated_at: "2026-05-17T05:06:22.785679+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sun Country enters $108M term loan at 5.98% to refinance existing debt and five 737-900 aircraft

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743907-25-000047
- JSON: https://secwatch.observer/filing/0001743907-25-000047.json
- Plain text: https://secwatch.observer/filing/0001743907-25-000047.txt

## Key facts
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: $108,000,000
  - Counterparty: UMB Bank, National Association
  - Rate: 5.98% per annum
  - Maturity: September 22, 2032
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/0001743907-25-000047-index.htm

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