---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-106818"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T17:49:33.921691+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AeroVironment amends credit facility to $200M revolving; extends maturity to Oct 2029

## Summary
- New $200M revolving facility with $25M L/C sublimit; maturity extended to Oct 4, 2029.
- Company drew $15M immediately; fully repaid prior term loan facility.
- New senior secured leverage ratio covenant (max 3.00x; 3.50x during acquisition period).
- Added Citibank as lender; now may incur additional secured/unsecured debt types.

## SEC filing metadata
- accession: 0001104659-24-106818
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000110465924106818/0001104659-24-106818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000110465924106818/tm2425749d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-106818
- JSON: https://secwatch.observer/filing/0001104659-24-106818.json
- Plain text: https://secwatch.observer/filing/0001104659-24-106818.txt

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