ASTRONICS CORP (ATRO): debt financing — Astronics secures $300M revolver, up from $220M, extends maturity to 2030

ASTRONICS CORP

New cash flow-based revolver replaces asset-based facility; total commitments increase from $220M to $300M.
Facility matures October 2030; has accordion feature for up to $100M incremental commitments.
Interest at SOFR + 1.25% to 2.125% margin based on leverage; quarterly unused fee 0.20%-0.35%.
Approximately $90M outstanding on the new facility as of October 22, 2025.
Company cites strong financial performance and improved capital structure to support growth.

item 1.01 item 1.02 item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ASTRONICS CORP incurred revolving credit of $300.0 million with HSBC Bank USA, National Association at Term SOFR plus an applicable margin ranging from 1.25% to 2.125% maturing October 16, 2030.

Instrument: revolving credit
Principal: $300.0 million
Counterparty: HSBC Bank USA, National Association
Rate: Term SOFR plus an applicable margin ranging from 1.25% to 2.125%
Maturity: October 16, 2030
Event: incurrence

Exact text from the filing

to the revolving credit facility thereunder from $220.0 million (the maximum aggregate amount available to be drawn under the terms of the Asset Based Credit Agreement) to $300.0 million. The Company has the option to request an increase in the Revolving Commitments by up to $100.0 million plus an additional incremental amount so long as the maximum leverage

View on SEC.gov

304 debt financings filed in the last 30 days. Browse all debt financings →

ASTRONICS CORP filing history →

Source: SEC EDGAR

accession 0000008063-25-000077

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.