{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-24-000069","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2024-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.060571+00:00","generated_at":"2026-05-29T10:39:43.280169+00:00","sec_items":["1.01","1.02","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astronics issues $165M 5.5% convertible notes due 2030, repays $54.9M term loan","bullets":["Issued $165M aggregate principal of 5.500% Convertible Senior Notes due 2030, including $15M from full exercise of initial purchasers' option.","Initial conversion rate 43.6814 shares/$1,000 principal (~$22.89 per share); conversion value settled in cash, stock, or combination.","Notes not redeemable before March 20, 2028; after that, redeemable if stock price ≥130% of conversion price for 20 of 30 trading days.","Used portion of proceeds to repay ~$54.9M principal plus ~$1.8M call premium on Term Loan Facility with HSBC/Redwood Capital.","Up to 9,369,674 shares of common stock may be issuable upon conversion, based on maximum conversion rate; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-24-000069","json":"https://secwatch.observer/filing/0000008063-24-000069.json","markdown":"https://secwatch.observer/filing/0000008063-24-000069.md","text":"https://secwatch.observer/filing/0000008063-24-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000069/0000008063-24-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806324000069/atro-20241203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T10:39:43.280169+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}