Loan & DebtApr 24, 2026, 04:22 PM
AEVEX Corp. Secures $375M New Credit Facilities
AI Summary
AEVEX Corp.'s operating company, AEVEX Holdings, LLC, entered into a new credit agreement providing $375.0 million in facilities. This financing, connected to the company's initial public offering, includes a $100.0 million senior secured term loan, a $75.0 million delayed draw term loan, and a $200.0 million revolving credit facility. As of the IPO closing, $100.0 million has been drawn from the term loan facility, providing significant liquidity and operational flexibility.
Key Highlights
- New Credit Agreement totals $375.0 million.
- Includes $100.0 million Term Loan Facility.
- Includes $75.0 million Delayed Draw Term Loan Facility.
- Includes $200.0 million Revolving Credit Facility.
- AEVEX Holdings initially borrowed $100.0 million from Term Loan.