secwatch.observer — SEC 8-K summary
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Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0000008063-25-000077
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astronics secures $300M revolver, up from $220M, extends maturity to 2030
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806325000077/0000008063-25-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806325000077/atro-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000008063-25-000077

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