secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2025-10-01T23:59:59+00:00
Accession:  0001743907-25-000047
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/0001743907-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390725000047/sncy-20251001.htm
  HTML page:      https://secwatch.observer/filing/0001743907-25-000047

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