secwatch.observer — SEC 8-K summary
======================================

Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0000008063-23-000036
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astronics amends credit facility, increases revolver capacity by $5M to $120M through Oct 30, 2023
--------------------------------------------------------------------------------

- Maximum revolver borrowing increased from $115M to $120M via first amendment, effective June 28, 2023.
- Increase is temporary; Maximum Limit reverts to $115M on Oct 31, 2023.
- Fee of 0.15% ($7,500) paid on the $5M increase.
- Loan parties must maintain engagement of Huron Consulting through at least Oct 31, 2023 for cash flow forecasting.
- Reaffirmation of all covenants and liens; no default exists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000036/0000008063-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000036/atro-20230628.htm
  HTML page:      https://secwatch.observer/filing/0000008063-23-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer