secwatch.observer — SEC 8-K summary
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Issuer:     ATN International, Inc. (ATNI)
CIK:        0000879585
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001104659-22-000777
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATNI amends credit agreement; extends draw period to Dec 2022, adjusts interest rates
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- Draw period under delayed draw term loan extended to December 31, 2022.
- LIBOR rate no longer available for any loans; future loans use base rate + 1.75% or quoted fixed rate.
- Amendment dated December 29, 2021 among ATNI, Commnet subsidiaries, and CoBank.
- Permitted Annual Distribution Amount calculation revised; requires holdback of 10% of outstanding loans or three months' payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879585/000110465922000777/0001104659-22-000777-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879585/000110465922000777/tm221451d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-000777

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