---
schema_version: "secwatch.filing_event.v1"
accession: "0000008063-24-000066"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:22:38.375661+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Astronics prices $150M 5.5% convertible senior notes due 2030; proceeds to repay debt

## Summary
- $150M aggregate principal; initial purchasers have option for additional $15M.
- Interest rate 5.500% per year, semiannual; matures March 15, 2030.
- Initial conversion price ~$22.89/share, a ~30% premium over Nov 25 close of $17.61.
- Proceeds used to repay outstanding term loan and part of revolving credit facility.
- Offering expected to close Dec 3, 2024; notes unsecured, redeemable after March 20, 2028.

## SEC filing metadata
- accession: 0000008063-24-000066
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000000806324000066/0000008063-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000000806324000066/atro-20241126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008063-24-000066
- JSON: https://secwatch.observer/filing/0000008063-24-000066.json
- Plain text: https://secwatch.observer/filing/0000008063-24-000066.txt

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