{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-24-000021","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.024112+00:00","generated_at":"2026-06-04T05:04:00.633690+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Astronics amends credit facilities: revolver raised $5M to $120M, covenants relaxed","bullets":["ABL revolver increased $5M to $120M temporary; expires earlier of Q1 2024 filing or May 15, 2024.","Max capital expenditure covenant raised; $40M annual limit by Q4 2024; previous cap lower.","Min Consolidated EBITDA thresholds cut for Q1–Q3 2024: $45.3M, $48.0M, $67.1M respectively.","Term Loan Agreement amended with identical covenant changes effective March 27, 2024.","Both amendments executed with lender consent; previous $120M increase had expired Feb 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-24-000021","json":"https://secwatch.observer/filing/0000008063-24-000021.json","markdown":"https://secwatch.observer/filing/0000008063-24-000021.md","text":"https://secwatch.observer/filing/0000008063-24-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000021/0000008063-24-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000021/atro-20240327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:04:00.633690+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa68ea20354b9595c74c28f7ed37895619f36215","claim":"ASTRONICS CORP amended term loan with Great Rock Capital Partners Management, LLC, as Agent.","evidence_excerpt":"The Company also entered into Amendment No. 2 (the “Term Loan Amendment”) to Credit Agreement (the “Term Loan Agreement”) on March 27, 2024, with Great Rock Capital Partners Management, LLC, as Agent, and the lenders signatory thereto. The Term Loan Amendment implemented the Covenant Changes with respect to the Term Loan Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000021/0000008063-24-000021-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"Great Rock Capital Partners Management, LLC, as Agent"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"d6a7a3e8585c14c7c10410172f52cdfcbe15827d","claim":"ASTRONICS CORP amended revolving credit of from $115 million to $120 million with HSBC Bank USA, National Association, as Agent.","evidence_excerpt":"The ABL Amendment increased the maximum aggregate amount that the Company can borrow under the revolving credit line by $5 million, from $115 million to $120 million, with borrowings subject to a borrowing base determined primarily by inventory and accounts receivable.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000021/0000008063-24-000021-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"from $115 million to $120 million"},{"label":"Counterparty","value":"HSBC Bank USA, National Association, as Agent"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}