---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-25-020225"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2025-12-12T23:59:59+00:00"
generated_at: "2026-05-16T13:26:33.278393+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CPI Aerostructures enters $20M credit facilities with Western Alliance, repays BankUnited

## Summary
- New $10M revolving line and $10M term loan from Western Alliance Bank, maturing Dec 12, 2030.
- Proceeds used to repay existing BankUnited credit facility in full; no prepayment penalty incurred.
- Term loan funded at closing; quarterly installments start April 5, 2026; variable rate based on 1-month SOFR plus margin.
- Facilities secured by substantially all assets of CPI and its subsidiaries WMI and Compac.
- Financial covenants include minimum Fixed Charge Coverage Ratio of 1.25x and max Funded Leverage Ratio starting at 3.75x.

## SEC filing metadata
- accession: 0001999371-25-020225
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2025-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889348/000199937125020225/0001999371-25-020225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000199937125020225/cvu-8k_121225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-25-020225
- JSON: https://secwatch.observer/filing/0001999371-25-020225.json
- Plain text: https://secwatch.observer/filing/0001999371-25-020225.txt

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