8-K/A//SEC Filing
Loar Holdings Inc. 8-K/A
Accession 0001193125-25-332703
$LOARCIK 0002000178operating
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 9:08 AM ET
Size
3.0 MB
Accession
0001193125-25-332703
Research Summary
AI-generated summary of this filing
Loar Holdings Inc. Announces LMB Acquisition, $445M Incremental Loan
What Happened
- Loar Holdings Inc. announced it completed the acquisition of LMB and, on December 23, 2025, amended its existing credit agreement to provide Loar Group an incremental term loan of $445 million. The loan funds a portion of the purchase price, related fees and expenses, and general working capital needs. A press release announcing the closing was issued on December 26, 2025.
Key Details
- Credit Amendment: Nineteenth Amendment to Credit Agreement dated December 23, 2025 (Exhibit 10.1). Agents include First Eagle Alternative Credit, LLC (administrative and collateral agent) and Citibank, N.A. (revolving administrative agent).
- Incremental Loan: $445 million aggregate principal incremental term loan made available to Loar Group.
- Acquisition Consideration: The filing notes aggregate cash consideration of $367 million plus assumption of approximately €367 million of net debt for the purchase of ASC3 LMB Topco and ASC3 LMB FinCo (collectively, "LMB") from the Sellers.
- Use of Proceeds: To pay part of the purchase consideration under the securities purchase agreement, to pay related fees and expenses, and to fund working capital and general corporate purposes.
- Agreement Terms: The amended Credit Agreement includes representations, warranties, covenants and events of default customary for such financings.
Why It Matters
- This transaction materially increases Loar’s funded debt to support the LMB buyout — investors should note the $445M incremental loan and the assumed net debt tied to the acquisition. The financing and acquisition will affect Loar’s balance sheet and leverage profile and may influence future cash flow needs for debt service and integration costs. The filing provides the amendment and a company press release for further detail.
Documents
- 8-Kck0002000178-20251223.htm
8-K/A
- EX-10.1ck0002000178-ex10_1.htm
EX-10.1
- EX-99ck0002000178-ex99.htm
EX-99
- EX-101.SCHck0002000178-20251223.xsd
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Issuer
Loar Holdings Inc.
CIK 0002000178
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0002000178
Filing Metadata
- Form type
- 8-K/A
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 9:08 AM ET
- Size
- 3.0 MB