Firefly Aerospace US$125m senior secured revolving credit facility
General corporate purposes alongside the IPO proceeds
Key terms
- Borrower or issuer
- Firefly Aerospace
- Date
- 8 Aug 2025
- Type
- Bank facility
- Amount
- US$125m
- Pricing
- Term SOFR + 3.00%; 0.375% commitment fee
- Maturity
- 2028-08-08
Recorded terms
- Structure
- Senior secured revolver with a US$15m letter of credit sublimit and a US$7.5m swingline sublimit, signed on the day the IPO closed
- Lenders and arrangers
- Wells Fargo Bank, National Association, administrative agent
- Country
- United States
Parties
- Firefly Aerospace borrower or issuer
- Lenders: Wells Fargo
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 22 Jul 2025 | OHB €350m syndicated credit facility (2025) | Bank facility | €350m |
| 15 Jul 2025 | AST SpaceMobile US$550m non-recourse delayed-draw term loan for Ligado spectrum | Bank facility | US$550m |
| 13 Jun 2025 | Redwire US$90m term loan for the Edge Autonomy acquisition | Bank facility | US$90m |
| 30 May 2025 | Voyager Technologies US$200m revolving credit facility (2025) | Bank facility | US$200m |
| 20 Feb 2026 | Redwire amended credit agreement | Bank facility | US$120m |
More from Firefly Aerospace
| Date | Financing | Type | Amount |
|---|---|---|---|
| 3 Apr 2026 | Firefly Aerospace US$45m revolver upsize (to US$305m) | Bank facility | US$45m |
| 7 Nov 2025 | Firefly Aerospace US$135m revolver upsize (to US$260m) | Bank facility | US$135m |
M&A and investment involving Firefly Aerospace
| Date | Deal | Type | Value |
|---|---|---|---|
| 28 May 2026 | Firefly Aerospace follow-on offering | Equity raise | US$192m |
| 5 Nov 2025 | Firefly Aerospace acquisition of SciTec | M&A | US$855m |
| 8 Aug 2025 | Firefly Aerospace IPO on Nasdaq | IPO | US$998.6m |
Sources
- Firefly Aerospace Form 8-K: IPO closing and new credit agreement sec.gov · 8 Aug 2025
About this record
Record ORB-2025-0014, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
