Eve Holding, Inc. 8-K

What Happened

• Eve Holding, Inc. filed an 8-K reporting that its wholly owned unit EVE UAM, LLC and the company entered into a Credit Agreement dated December 23, 2025 with Private Export Funding Corporation (PEFCO) and Export-Import Bank of the United States (EXIM Bank).
• PEFCO agreed, subject to conditions in the Credit Agreement, to establish a credit facility with a maximum principal amount of up to $15,607,279.94 to finance certain goods and related fees. Eve Holding guaranteed EVE UAM’s obligations under the Credit Agreement. The filing was made on December 29, 2025.

Key Details

• Credit facility maximum: $15,607,279.94.
• Use of proceeds: finance the Financed Portion of specified goods and 100% of the related Exposure Fee for those goods/services.
• Repayment: principal repaid in 20 successive quarterly installments (i.e., quarterly over five years).
• Interest: floating rate = Term SOFR + 1.95% per annum, with an option to convert to a fixed rate per the agreement.
• Counterparties: Private Export Funding Corporation (lender) and Export‑Import Bank of the United States (EXIM Bank). The Company included the full Credit Agreement as Exhibit 10.1 but omitted certain schedules/exhibits under Regulation S‑K; omitted items are available on request.

Why It Matters

• This transaction creates a new guaranteed debt obligation for Eve Holding tied to EVE UAM’s borrowings (reported under Item 2.03), increasing the company’s potential liability by up to roughly $15.6 million.
• The funding is earmarked for financing goods and related exposure fees for EVE UAM’s operations, which could support production or delivery commitments for that business line.
• Key economic terms—quarterly principal amortization and a floating rate of Term SOFR + 1.95%—are material to cash‑flow planning; investors should monitor future disclosures for draws, outstanding balances, and any covenants or conditions that might affect liquidity or operations.