{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-131384","form_type":"8-K","ticker":"ATNI","cik":"0000879585","company_name":"ATN International, Inc.","filed_at":"2022-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.828309+00:00","generated_at":"2026-06-20T21:44:35.300481+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ATN International amends credit agreements, increases ACS facilities by $60M, extends Commnet draw period","bullets":["ACS Credit Agreement amended: Revolving Commitment raised from $35M to $75M; Term Loan Commitments from $210M to $230M.","Alaska Communications drew $40M additional Revolving and $20M additional Term Loan on Dec 23, 2022.","Commnet Receivables Credit Agreement draw period extended to December 31, 2023.","CoBank Credit Agreement amended to allow joinder of new subsidiaries as guarantors for Sacred Wind acquisition.","Interest on ACS loans switched from LIBOR to SOFR plus 10 basis points."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-131384","json":"https://secwatch.observer/filing/0001104659-22-131384.json","markdown":"https://secwatch.observer/filing/0001104659-22-131384.md","text":"https://secwatch.observer/filing/0001104659-22-131384.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/0001104659-22-131384-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/tm2233773d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:44:35.300481+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":"0abf0c234dff67204ab3657a57c94e702f878948","claim":"ATN International, Inc. incurred credit facility of $40 million in additional Revolving Credit Commitment and $20 million in Additional Term Loan Commitment with Fifth Third Bank, National Association.","evidence_excerpt":"On December 23, 2022, Alaska Communications Systems Group, Inc., a Delaware corporation and subsidiary of the Company drew $40 million in additional Revolving Credit Commitment and $20 million in Additional Term Loan Commitment under its revolving credit facility under its Credit Agreement, dated as of July 22, 2021 and as amended on December 23, 2022, by and between Alaska Communications Systems Group, Inc., Alaska Management, Inc., a Delaware corporation (“Holdings”), the other Guarantors identified on the signature pages hereto, the Lenders party hereto, and Fifth Third Bank, National Association, as Administrative Agent, an L/C Issuer and Swing Line Lender and Bank of the West, as an L/C Issuer.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/0001104659-22-131384-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$40 million in additional Revolving Credit Commitment and $20 million in Additional Term Loan Commitment"},{"label":"Counterparty","value":"Fifth Third Bank, National Association"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"01b83fb1bc69d3b90497a0b7f920a7cc0779e8ac","claim":"ATN International, Inc. amended Receivables Credit Agreement Amendment with CoBank, ACB valued at Extended the draw period under the delayed draw term loan to December 31, 2023. (effective 2022-12-22).","evidence_excerpt":"On December 23, 2022, ATN International, Inc., a Delaware corporation (the \" Company \"), Commnet Wireless, LLC, a Delaware limited liability company and subsidiary of the Company (\" Commnet Wireless \"), and Commnet Finance, LLC, a Delaware limited liability company and a wholly owned subsidiary of Commnet Wireless (\" Commnet Finance \"), entered into an Amendment and Confirmation Agreement with CoBank, ACB (\" CoBank \"), as Administrative Agent, Lead Arranger and Sole Bookrunner, and the Lenders party thereto (the \" Receivables Credit Agreement Amendment \"), effective as of December 22, 2022. The Receivables Credit Agreement Amendment is the second amendment to the Credit Agreement, dated as of March 26, 2020 between Commnet Wireless, Commnet Finance, the Company, and CoBank (the \" Receivables Credit Agreement \") to, among other things, extend the draw period under the delayed draw term loan to December 31, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/0001104659-22-131384-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Value","value":"Extended the draw period under the delayed draw term loan to December 31, 2023."},{"label":"Effective","value":"2022-12-22"}],"fact_type":"material_agreement"},{"claim_id":"458faaa9e6d332ad953f66a408f07ad5e7eb7fff","claim":"ATN International, Inc. amended Credit Agreement Amendment with CoBank, ACB valued at Allowed for joinder of new subsidiaries as guarantors and approval of certain transactions in connec (effective 2022-11-07).","evidence_excerpt":"On December 28, 2022 (the \" Amendment Date \"), the Company, along with certain of its subsidiaries as guarantors, entered into an Amendment Agreement with CoBank, ACB (\" CoBank \"), as Administrative Agent, (the \" Credit Agreement Amendment \")., effective as of November 7, 2022. The Credit Agreement Amendment amends the Fourth Amended and Restated Credit Agreement, dated as of December 19, 2014, as amended, between the Company, CoBank, and the guarantors and lenders party thereto (the \" CoBank Credit Agreement \") to, among other things, allow for the joinder of certain new subsidiaries as guarantors and approve of certain transactions contemplated in connection of the Company’s recently completed acquisition of Sacred Wind Enterprises, Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/0001104659-22-131384-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Value","value":"Allowed for joinder of new subsidiaries as guarantors and approval of certain transactions in connec"},{"label":"Effective","value":"2022-11-07"}],"fact_type":"material_agreement"},{"claim_id":"be0629d3ab71c85f071da4062d802ea62bda8efb","claim":"ATN International, Inc. amended First Amendment Agreement to ACS Credit Agreement with Fifth Third Bank, National Association and Bank of the West valued at Increased aggregate Revolving Credit Commitment from $35 million to $75 million and Term Loan Commit (effective 2022-12-23).","evidence_excerpt":"On December 23, 2022, Alaska Communications Systems Group, Inc., a Delaware corporation and subsidiary of the Company, Alaska Management, Inc., a Delaware corporation, the other Guarantors, the Lenders, and Fifth Third Bank, National Association, as Administrative Agent, an L/C Issuer and Swing Line Lender and Bank of the West, as an L/C Issuer, entered into a First Amendment Agreement (the \"ACS Amendment\"). The ACS First Amendment amends to the Credit Agreement, dated as of July 22, 2021 between the Borrower, Holdings and the Lenders therein (the \"ACS Credit Agreement\") to, among other things, increase the aggregate Revolving Credit Commitment from $35 million to $75 million and Term Loan Commitments from $210 million to $230 million (each as defined in the ACS Credit Agreement).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/879585/000110465922131384/0001104659-22-131384-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Fifth Third Bank, National Association and Bank of the West"},{"label":"Value","value":"Increased aggregate Revolving Credit Commitment from $35 million to $75 million and Term Loan Commit"},{"label":"Effective","value":"2022-12-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}