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AI brief of an SEC Form 8-K · Karman (KRMN)

Karman Holdings cuts interest rate on $764 million term loans under Fifth Amendment

Positive Impact 3 of 5 financing Written later

Karman Holdings entered into a Fifth Amendment to its credit agreement with Citibank, N.A. as administrative agent, dated August 3, 2026. The amendment refinanced $763,961,000 of existing term loans at a rate 50 basis points lower, now SOFR plus 2.25%, and lowered the revolving credit facility rates by 50 basis points at each leverage level.

Key points

  • Term loans refinanced in an aggregate principal amount of $763,961,000
  • Term loan rate reduced 50 basis points to SOFR plus 2.25%
  • Revolving credit facility rates cut 50 basis points at each leverage level; highest level now SOFR plus 2.00%
  • Other credit agreement terms remain unchanged, per the filing

The filing

CompanyKarman (KRMN)
Form8-K, current report
Filed with the SECAug 6, 2026, 6:01 AM ET
Accession number0001193125-26-336486

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

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.