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AI brief of an SEC Form 8-K · AAR (AIR)

AAR CORP. amends revolving credit facility, raising commitments to $1.375 billion

Neutral Impact 3 of 5 financing

AAR CORP. entered into Amendment No. 3 to its revolving credit facility on October 23, 2026, increasing total commitments from $825 million to $1.375 billion and extending maturity to October 2031. The amendment also expressly permits the company's pending acquisition of a controlling interest in MRO Holdings, which the filing says is not a condition of the amendment taking effect.

Key points

  • Total commitments increased to $1.375 billion, up $550 million from $825 million.
  • Maturity extended from December 2027 to October 2031, the fifth anniversary of the amendment closing date.
  • Maximum leverage ratio raised to 5.50 to 1.00, with step-downs over time; minimum interest coverage ratio decreased to 2.00 to 1.00.
  • Amendment expressly permits the pending MROH Acquisition of a controlling interest in MRO Holdings, Inc.

The filing

CompanyAAR (AIR)
Form8-K, current report
Filed with the SECOct 26, 2026, 9:34 AM ET
Accession number0001104659-26-118655

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.