AEVEX secures $375M credit facility at IPO, refinances 2020 debt

Filed April 24, 2026 · Period ending April 20, 2026 · ~1 min read

Key Changes

• high

  Established $375M credit facility with Bank of America: $100M term loan (drawn), $75M delayed-draw term loan (available through April 2028), and $200M revolver (undrawn). Provides substantial liquidity for post-IPO operations.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Facility requires maximum net leverage ratio of 3.50x (stepping down to 3.00x after June 2029) and minimum interest coverage of 3.00x, both tested quarterly starting September 2026. Constrains future debt capacity.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Fully repaid and terminated March 2020 credit agreement with PNC Bank and Ankura Trust. Eliminates obligations under prior facility, likely funded by IPO proceeds or new credit facility.

  Item 1.02 — Termination of a Material Definitive Agreement verify on EDGAR →