---
schema_version: "secwatch.filing_event.v1"
accession: "0000008063-24-000062"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:20:22.432621+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Astronics announces $150M convertible senior notes offering due 2030

## Summary
- $150M aggregate principal of senior unsecured notes due March 15, 2030; initial purchasers option for additional $15M.
- Conversion terms: convertible upon certain conditions before Dec 15, 2029, then any time; settlement in cash, stock, or combination at Astronics' election.
- Net proceeds to repay all outstanding term loan borrowings and a portion of revolving credit facility borrowings.
- Credit facility amended: borrowing capacity increased to $220M from $200M; interest rate margin increased by 0.25%.
- Interest rate, conversion rate to be determined at pricing; offering to qualified institutional buyers under Rule 144A.

## SEC filing metadata
- accession: 0000008063-24-000062
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000000806324000062/0000008063-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000000806324000062/atro-20241125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008063-24-000062
- JSON: https://secwatch.observer/filing/0000008063-24-000062.json
- Plain text: https://secwatch.observer/filing/0000008063-24-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.