This report does not constitute a rating action. NEW YORK (S&P Global Ratings) Nov. 4, 2026--S&P Global Ratings today said that Signia Aerospace LLC's (B/Stable/--) $560 million add-on to its existing $1.86 billion term loan B due 2031 will solidify an important source of liquidity for the company as it continues to pursue opportunistic acquisitions. We expect Signia will use the proceeds from this add-on, along with $65 million from its delayed draw term loan due 2031, to fund its acquisition of Heads Up Technologies, a U.S.-based provider of cockpit, cabin, and aircraft system components for commercial aircraft and business jets. The acquisition will enhance the company's product breadth, by adding complementary cabin technologies, and diversify its aircraft exposure. While