tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sky Harbour Group Secures $200M Credit Agreement

Story Highlights
  • Sky Harbour Group focuses on aviation infrastructure, particularly hangar facilities.
  • The company secured a $200 million loan facility for hangar projects, impacting financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sky Harbour Group Secures $200M Credit Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sky Harbour Group ( (SKYH) ) has provided an update.

On September 4, 2025, Sky Harbour Capital II LLC, a subsidiary of Sky Harbour Group Corporation, entered into a Credit Agreement with JPMorgan Chase Bank and other lenders for a term loan facility of up to $200 million, which may be increased to $300 million. The facility will fund the construction and operation of hangar projects, with loans secured by real estate, equity interests, and certain revenues. The agreement includes various covenants and prepayment conditions, impacting the company’s financial strategy and stakeholder obligations.

The most recent analyst rating on (SKYH) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Sky Harbour Group stock, see the SKYH Stock Forecast page.

Spark’s Take on SKYH Stock

According to Spark, TipRanks’ AI Analyst, SKYH is a Neutral.

Sky Harbour Group’s overall stock score reflects a company with strong revenue growth but significant financial challenges. The earnings call provided positive guidance, yet high leverage and negative profitability weigh heavily on the score. Technical indicators are neutral, and valuation metrics are weak due to negative earnings.

To see Spark’s full report on SKYH stock, click here.

More about Sky Harbour Group

Sky Harbour Group Corporation operates in the aviation infrastructure industry, focusing on the construction and operation of hangar project facilities at various airports.

Average Trading Volume: 128,091

Technical Sentiment Signal: Sell

Current Market Cap: $766.1M

See more insights into SKYH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1