Redwire boosts revolver, prepays $40M term loans
Redwire Corporation amended its main credit agreement through a First Amendment dated June 30, 2026.
Rhea-AI Filing Summary
Redwire Corporation amended its main credit agreement through a First Amendment dated June 30, 2026. The change increased the commitments under its revolving credit facility from $30 million to $50 million, giving the company a larger source of committed liquidity. At the same time, Redwire made a $40 million prepayment on its term loans, reducing the aggregate principal amount of those term loans to $50 million. The amendment involves Redwire’s subsidiaries as borrowers and guarantors, with JPMorgan Chase Bank, N.A. continuing to act as administrative and collateral agent.
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Insights
Redwire reshapes debt mix, expanding revolver while trimming term loans.
The amendment raises Redwire’s revolving credit facility commitments to $50 million from $30 million, increasing committed short-term borrowing capacity. Revolvers generally offer flexible draw-and-repay features that can help manage working capital and project timing.
Concurrently, Redwire prepaid $40 million of term loans, bringing outstanding term debt to $50 million. This shifts part of its debt profile from fixed-amortization term loans toward a larger revolving line. Actual leverage, interest costs, and covenant headroom will depend on future borrowings and the detailed terms of the amended agreement.
8-K Event Classification
3 items: 1.01, 2.03, 9.01
3 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Revolving credit facility commitments after amendment: $50 million
Revolving credit facility commitments before amendment: $30 million
Term loan prepayment: $40 million
+2 more
5 metrics
Revolving credit facility commitments after amendment
$50 million
Aggregate principal amount of revolver after First Amendment
Revolving credit facility commitments before amendment
$30 million
Prior aggregate commitments under the revolving credit facility
Term loan prepayment
$40 million
Prepayment made in connection with the First Amendment
Term loans outstanding after prepayment
$50 million
Aggregate amount of term loans following $40 million prepayment
Amendment date
June 30, 2026
Date of Amendment No. 1 to the credit agreement
Key Terms
Material Definitive Agreement, Amended and Restated Credit Agreement, revolving credit facility, term loans, +1 more
5 terms
Material Definitive Agreement regulatory
"Item 1.01 - Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Amended and Restated Credit Agreement financial
"First Amendment to the Amended and Restated Credit Agreement, dated as of February 20, 2026"
An amended and restated credit agreement is a company’s original loan contract that has been updated and replaced by a single new document incorporating all changes. Think of it like refinancing and rewriting a mortgage so new payment schedules, interest rates, borrowing limits, or borrower obligations are combined into one clear contract. Investors care because those new terms change a company’s cash flow, borrowing flexibility and default risk, which can affect creditworthiness and share value.
revolving credit facility financial
"The Amendment increased the commitments under the revolving credit facility from $30 million to an aggregate principal amount of up to $50 million."
A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.
term loans financial
"the Company made a prepayment on the term loans in the amount of $40 million and as such, reduced the aggregate amount of the term loans to $50 million."
Term loans are long-term bank or lender loans with a set repayment schedule and fixed end date, similar to a mortgage or car loan for a business. They matter to investors because they create predictable interest payments and principal obligations that affect a company’s cash flow, credit risk and capacity to fund growth or return money to shareholders; heavier or expensive term loans can raise default risk and reduce future flexibility.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What credit agreement change did Redwire (RDW) announce in this 8-K?
Redwire disclosed a First Amendment to its Amended and Restated Credit Agreement. The amendment primarily adjusts its revolving credit facility size and related term loan balances under a structure led by JPMorgan Chase Bank, N.A. as administrative and collateral agent.
How did Redwire’s revolving credit facility change in the amendment?
The amendment increased Redwire’s revolving credit facility commitments from $30 million to an aggregate principal amount of up to $50 million. This larger committed line can support liquidity needs, subject to borrowing conditions and covenants in the amended credit agreement.
What term loan payment did Redwire make in connection with this amendment?
In connection with the amendment, Redwire made a $40 million prepayment on its term loans. After this payment, the aggregate principal amount of the term loans was reduced to $50 million, altering the mix between term debt and revolving commitments.
Which Redwire entities are parties to the amended credit agreement?
Redwire Defense Tech Intermediate Holdings, LLC is the Parent, and Redwire Defense Tech Intermediate II Holdings, LLC is the Lead Borrower. Other borrowers and guarantors may join from time to time, with JPMorgan Chase Bank, N.A. serving as administrative and collateral agent.
Does this Redwire 8-K create a new direct financial obligation?
Yes. The filing states that the information in Item 1.01 regarding the First Amendment is incorporated into Item 2.03. This indicates the amendment results in a direct financial obligation or similar arrangement within the company’s existing credit structure.
When was Redwire’s credit agreement amended and who signed the 8-K?
The First Amendment to the Amended and Restated Credit Agreement is dated June 30, 2026. The 8-K was signed on behalf of Redwire Corporation by Chief Financial Officer Chris Edmunds as the duly authorized officer of the registrant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): June 30, 2026
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of Incorporation or Organization) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
(Address of principal executive offices) | (Zip Code) | ||||||||||
( | |||||||||||
(Registrant's telephone number, including area code) | |||||||||||
(Former name or former address, if changed since last report.) | |||||||||||
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 - Entry into a Material Definitive Agreement.
On June 30, 2026, Redwire Defense Tech Intermediate Holdings, LLC (“Parent”), a wholly owned subsidiary of Redwire Corporation (the “Company”), entered into a First Amendment (the “Amendment”) to the Amended and Restated Credit Agreement, dated as of February 20, 2026, by and among Parent, Redwire Defense Tech Intermediate II Holdings, LLC (the “Lead Borrower”), the other borrowers from time to time party thereto, the guarantors from time to time party thereto, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. The Amendment increased the commitments under the revolving credit facility from $30 million to an aggregate principal amount of up to $50 million. In connection with the Amendment, the Company made a prepayment on the term loans in the amount of $40 million and as such, reduced the aggregate amount of the term loans to $50 million.
The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
Item 2.03 - Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth above in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01 - Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |||||||
10.1* | Amendment No. 1 to Amended and Restated Credit Agreement, dated as of June 30, 2026, by and among Redwire Defense Tech Intermediate Holdings, LLC, as the Parent, Redwire Defense Tech Intermediate II Holdings, LLC, as the Lead Borrower, the other borrowers party thereto from time to time, the other guarantors party thereto from time to time, JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and the Lenders party thereto from time to time. | |||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
* Exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K and will be provided on a supplemental basis to the Securities and Exchange Commission upon request.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 1, 2026
Redwire Corporation | |||||
By: | /s/ Chris Edmunds | ||||
Name: | Chris Edmunds | ||||
Title: | Chief Financial Officer | ||||