Karman Holdings Inc. — Form 8-K

On August 3, 2026, Karman Holdings refinanced its existing term loans with $763.961 million in new Specified Refinancing Term Loans led by Citibank, with the net proceeds used to repay all existing term loans plus accrued interest. The refinancing reduces the Applicable Rate on term loans from 2.25% SOFR (or 1.25% Base Rate, post-Third Amendment) to 2.25% SOFR (or 1.25% Base Rate) initially, but the tiered pricing grid for revolving credit loans improves by 50 basis points across all leverage levels effective immediately, lowering the maximum rate from 2.00% SOFR to 1.50% SOFR. The new term loans carry quarterly amortization of 0.25% starting September 30, 2026, with a 1.00% prepayment premium if repriced within six months.