8-KCurrent report

Material agreement

✓ VerifiedKarman refinanced $763,961,000 of term loans, cutting the interest rate by 50 basis points to SOFR plus 2.25%.

2.03 New financial obligation

Filed Aug 6, 2026 · 06:01 ET

Summary

On August 3, 2026, Karman Holdings entered into a Fifth Amendment to its Credit Agreement dated April 1, 2025, with Citibank, N.A. as Administrative Agent and Collateral Agent.
The Company refinanced its existing term loans in an aggregate principal amount of $763,961,000, reducing the applicable interest rate by 50 basis points to SOFR plus 2.25%.
The interest rate on the revolving credit facility was reduced by 50 basis points for each level of the leverage-based pricing grid, with the highest level set at SOFR plus 2.00%.
This Fifth Amendment follows four prior amendments dated May 27, 2025, October 24, 2025, February 2, 2026, and March 9, 2026.
Except as modified, the terms and conditions of the Credit Agreement remain the same as previously disclosed.

Key facts

Amendment date: August 3, 2026
From the filing for Amendment date
“On August 3, 2026, Karman Holdings Inc. (the "Company") entered into a Fifth Amendment to its Credit Agreement”
Term loan principal refinanced: $763,961,000
From the filing for Term loan principal refinanced
“refinanced its existing term loans in an aggregate principal amount of $763,961,000”
Term loan rate cut: 50 basis points to SOFR plus 2.25%
From the filing for Term loan rate cut
“to reduce the interest rate applicable thereto by 50 basis points to SOFR plus 2.25%”
Revolver highest pricing level: SOFR plus 2.00%
From the filing for Revolver highest pricing level
“the highest of such levels being set at SOFR plus 2.00%”
Administrative Agent: Citibank, N.A.
From the filing for Administrative Agent
“Citibank, N.A., as Administrative Agent and Collateral Agent ("Citibank")”
Original Credit Agreement date: April 1, 2025
From the filing for Original Credit Agreement date
“which amends the Credit Agreement, dated as of April 1, 2025”

Why it mattersThe refinancing lowers Karman's borrowing costs on its term loans and revolving credit facility by 50 basis points.