01—Abstract
Summary
Summary of the 8-K filed June 17, 2026. Cited figures are marked; the original filing is the authoritative source.
HEICO Corporation entered into a Fourth Amendment to its Revolving Credit Agreement on June 11, 2026, with the Lenders and Truist Bank (as successor by merger to SunTrust Bank), as Administrative Agent.
The amendment increases the revolving credit facility's capacity from $2.0 billion to $2.2 billiona and extends the maturity date of the Credit Agreement to June 11, 2031. The Lenders also agreed to modify the applicable rate, which will now be calculated based upon the most recently published ratings for the Company's senior unsecured, non-credit enhanced, long-term indebtedness for borrowed money. In addition, each subsidiary that had guaranteed the Obligations prior to June 11, 2026 was released from its guarantee under the Credit Facility.
As a result, those subsidiaries were also automatically released from their guarantees of the Company's 5.250%b Notes due 2028 and 5.350% Notes due 2031, issued under the Indenture and First Supplemental Indenture dated July 27, 2023. The filing also lists Exhibit 10.1, the Fourth Amendment itself, and Exhibit 104, the Cover Page Interactive Data File.
The 8-K was signed by Carlos L. Macau, Jr., Executive Vice President, Chief Financial Officer and Treasurer, on June 17, 2026.
02—Key points
Key Highlights
- Revolving credit facility capacity increased from $2.0 billion to $2.2 billion under the Fourth Amendment effective June 11, 2026.
- Maturity of the Credit Agreement extended to June 11, 2031.
- Applicable rate will now be calculated based on the Company's most recently published senior unsecured, non-credit enhanced long-term debt ratings.
- Subsidiary guarantors of the Obligations prior to June 11, 2026 were released from their guarantees under the Credit Facility.
- The subsidiary guarantee release also automatically released those subsidiaries from guaranteeing the 5.250% Notes due 2028 and 5.350% Notes due 2031 under the July 27, 2023 Indenture and First Supplemental Indenture.
- Truist Bank (as successor by merger to SunTrust Bank) serves as Administrative Agent for the amended facility.
- The full Fourth Amendment is filed as Exhibit 10.1 to this report.
03—Questions
Frequently Asked Questions
How much did HEICO's revolving credit facility increase?
The Fourth Amendment increases the capacity of the existing revolving credit facility from $2.0 billion to $2.2 billion.
When does the amended credit agreement mature?
The Fourth Amendment extends the maturity date of the Credit Agreement to June 11, 2031.
What changed about the interest rate on the facility?
The applicable rate will now be calculated based upon the most recently published ratings for the Company's senior unsecured, non-credit enhanced, long-term indebtedness for borrowed money.
Did the amendment affect subsidiary guarantees of HEICO's notes?
Yes. Subsidiaries that had guaranteed the Obligations before June 11, 2026 were released from their guarantees under the Credit Facility. As a result, they were also automatically released from their guarantees of the 5.250% Notes due 2028 and 5.350% Notes due 2031 issued under the Indenture and First Supplemental Indenture dated July 27, 2023.
04—Continue