Madison Air Solutions Corporation

06/05/2026 | Press release | Distributed by Public on 06/05/2026 12:37

Material Agreement, Financial Obligation (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.
Seventh Amendment to Credit Agreement
On June 4, 2026 Madison IAQ LLC (the "Borrower"), a wholly owned indirect subsidiary of Madison Air Solutions Corporation, Madison IAQ II LLC ("Holdings") and certain subsidiaries of the Borrower, as guarantors, and Wells Fargo Bank, National Association, as administrative agent, entered into the Seventh Amendment to Credit and Guaranty Agreement (the "Seventh Amendment") to the Credit and Guaranty Agreement, dated as of June 21, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), by and among the Borrower, Holdings, the guarantors party thereto, the lenders from time to time party thereto and the administrative agent.
The Seventh Amendment, among other things, reduced the interest rate charged on the Borrower's incremental term loan facility under the Credit Agreement from Term Secured Overnight Financing Rate ("Term SOFR") plus an applicable margin of 2.75% to Term SOFR plus an applicable margin of 1.75%. The other terms of the Credit Agreement remained materially unchanged.
Borrowings under the Credit Agreement are subject to the Credit Agreement's various covenants and other restrictions as described in the Credit Agreement.
The description above is only a summary of the material provisions of the Seventh Amendment and is qualified in its entirety by reference to the copy of the Seventh Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information included under Item 1.01 above is incorporated by reference into this Item 2.03.
Madison Air Solutions Corporation published this content on June 05, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 05, 2026 at 18:37 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]