Firefly Aerospace expands credit facility by $45M but faces tighter liquidity requirements

Filed April 3, 2026 · Period ending April 2, 2026 · ~1 min read

Key Changes

• high

  Company must now maintain $381.25M in minimum liquidity monthly starting April 30, replacing previous free cash flow covenant. This strict threshold could limit financial flexibility if cash levels decline.

  Item 1.01 verify on EDGAR →
• medium

  Revolving credit facility expanded by $45M to $305M total capacity, providing additional liquidity headroom for operations and growth initiatives.

  Item 1.01 verify on EDGAR →
• medium

  Interest rates increased 0.25% to SOFR plus 3.25% (or base rate plus 2.25%), raising borrowing costs and suggesting heightened credit risk or market conditions.

  Item 1.01 verify on EDGAR →