{"schema_version":"secwatch.filing_event.v1","accession":"0000008063-25-000077","form_type":"8-K","ticker":"ATRO","cik":"0000008063","company_name":"ASTRONICS CORP","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.222253+00:00","generated_at":"2026-05-17T02:54:06.308757+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Astronics secures $300M revolver, up from $220M, extends maturity to 2030","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000008063-25-000077","json":"https://secwatch.observer/filing/0000008063-25-000077.json","markdown":"https://secwatch.observer/filing/0000008063-25-000077.md","text":"https://secwatch.observer/filing/0000008063-25-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8063/000000806325000077/0000008063-25-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8063/000000806325000077/atro-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:54:06.308757+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":"49c8a3ced37c8041cababe618f2b20a3befe602a","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/8063/000000806325000077/0000008063-25-000077-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$300.0 million"},{"label":"Counterparty","value":"HSBC Bank USA, National Association"},{"label":"Rate","value":"Term SOFR plus an applicable margin ranging from 1.25% to 2.125%"},{"label":"Maturity","value":"October 16, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}