Firefly Aerospace US$45m revolver upsize (to US$305m)
Larger liquidity line and reset covenants
Key terms
- Borrower or issuer
- Firefly Aerospace
- Date
- 3 Apr 2026
- Type
- Bank facility
- Amount
- US$45m
- Pricing
- Term SOFR + 3.25% (up 0.25%)
- Maturity
- 2028-08-08
Recorded terms
- Structure
- Amendment: US$45m of additional revolving commitments (US$305m in total); minimum free cash flow covenant removed, minimum liquidity set at US$381.25m
- Lenders and arrangers
- Wells Fargo Bank, National Association, administrative agent
- Country
- United States
Parties
- Firefly Aerospace borrower or issuer
- Lenders: Wells Fargo
Similar financings
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|---|---|---|---|
| 20 Feb 2026 | Redwire amended credit agreement | Bank facility | US$120m |
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More from Firefly Aerospace
| Date | Financing | Type | Amount |
|---|---|---|---|
| 7 Nov 2025 | Firefly Aerospace US$135m revolver upsize (to US$260m) | Bank facility | US$135m |
| 8 Aug 2025 | Firefly Aerospace US$125m senior secured revolving credit facility | Bank facility | US$125m |
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$998.6m |
Sources
- Firefly Aerospace Form 8-K: amendment to the credit agreement sec.gov · 3 Apr 2026
About this record
Record ORB-2026-0010, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
