secwatch.observer — SEC 8-K summary
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Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000008063-23-000052
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astronics extends $120M credit line temporary increase to January 31, 2024; retains financial advisor
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- Second Amendment extends expiry of revolving credit limit increase from $115M to $120M through Jan 31, 2024.
- Company will pay a 0.10% fee on each lender's revolving commitment as of the amendment date.
- Astronics must keep Huron Consulting (or another acceptable advisor) engaged through at least Jan 31, 2024.
- Covenant representations reaffirmed; no Event of Default existed before or after the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000052/0000008063-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806323000052/atro-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000008063-23-000052

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