---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-081668"
form_type: "8-K"
ticker: "ATNI"
cik: "0000879585"
company_name: "ATN International, Inc."
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T07:59:59.468878+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ATN International closes $300M senior secured credit facilities, repays $139.5M debt

## Summary
- New $170M revolver (5-yr) and $130M term loan (6-yr) totaling $300M; maturities 2028 and 2029 respectively.
- Drew full term loan + $13.6M revolver at close to repay $139.5M of outstanding debt.
- Term loan quarterly payments: $812.5K (2.5% p.a.) through June 2025, rising to $2.4375M (7.5% p.a.) thereafter.
- Interest at SOFR + margin (2.00-3.75% term; 1.75-3.50% revolver) or base rate; unused fee 0.25-0.50%.
- Facility secured by substantially all assets and pledges of 100% domestic and 65% foreign subsidiary equity.

## SEC filing metadata
- accession: 0001104659-23-081668
- form_type: 8-K
- ticker: ATNI
- cik: 0000879585
- company_name: ATN International, Inc.
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879585/000110465923081668/0001104659-23-081668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879585/000110465923081668/tm2321375d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-081668
- JSON: https://secwatch.observer/filing/0001104659-23-081668.json
- Plain text: https://secwatch.observer/filing/0001104659-23-081668.txt

## Key facts
- Debt Financings
  ATN International, Inc. incurred term loan of six-year $130 million term loan facility with CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd at SOFR plus applicable margin ranging from 2.00% to 3.75%, or base rate plus margi maturing July 13, 2029, with quarterly principal payments.
  - Instrument: term loan
  - Principal: six-year $130 million term loan facility
  - Counterparty: CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd
  - Rate: SOFR plus applicable margin ranging from 2.00% to 3.75%, or base rate plus margi
  - Maturity: July 13, 2029, with quarterly principal payments
  - Event: incurrence
  source text: On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (“ CoBank ”), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the “ Credit Agreement ”), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender. Amount . The Credit Agreement provides for a five-year $170 million revolving credit facility (the “ Revolving Loan ”) and a six-year $130 million term loan facility (the “ Term Loan ” and collectively with the Revolving Loan, the “ Credit Facility ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/879585/000110465923081668/0001104659-23-081668-index.htm
- Debt Financings
  ATN International, Inc. incurred revolving credit of five-year $170 million revolving credit facility with CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd at SOFR plus applicable margin ranging from 1.75% to 3.50%, or base rate plus margi maturing July 13, 2028.
  - Instrument: revolving credit
  - Principal: five-year $170 million revolving credit facility
  - Counterparty: CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd
  - Rate: SOFR plus applicable margin ranging from 1.75% to 3.50%, or base rate plus margi
  - Maturity: July 13, 2028
  - Event: incurrence
  source text: On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (“ CoBank ”), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the “ Credit Agreement ”), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender. Amount . The Credit Agreement provides for a five-year $170 million revolving credit facility (the “ Revolving Loan ”) and a six-year $130 million term loan facility (the “ Term Loan ” and collectively with the Revolving Loan, the “ Credit Facility ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/879585/000110465923081668/0001104659-23-081668-index.htm
- Material Agreements
  ATN International, Inc. entered into Credit Agreement with CoBank, ACB valued at $170 million revolving credit facility and $130 million term loan facility (effective 2023-07-13).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: CoBank, ACB
  - Value: $170 million revolving credit facility and $130 million term loan facility
  - Effective: 2023-07-13
  source text: On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (" CoBank "), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the " Credit Agreement "), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/879585/000110465923081668/0001104659-23-081668-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.