Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
AstroNova, Inc. amended credit facility of EUR 14,000,000 new term loan and increase in revolving credit facility from $25,000,000 to $30,000,000 with Bank of America, N.A. at EURIBOR plus 1.60%-2.50%; Term SOFR plus 1.60%-2.50% or reference rate plus 0.60 maturing Term A-2 Loan due August 4, 2027; revolving facility due August 4, 2027.
- Instrument
- credit facility
- Principal
- EUR 14,000,000 new term loan and increase in revolving credit facility from $25,000,000 to $30,000,000
- Counterparty
- Bank of America, N.A.
- Rate
- EURIBOR plus 1.60%-2.50%; Term SOFR plus 1.60%-2.50% or reference rate plus 0.60
- Maturity
- Term A-2 Loan due August 4, 2027; revolving facility due August 4, 2027
- Event
- amendment
Exact text from the filing
Company as borrower, Astro Machine as a guarantor, and the Lender. 2 The Amended Credit Agreement provides for (i) a new term loan to the Company in the principal amount of EUR 14,000,000 (the “ Term A-2 Loan ”), which term loan is in addition to the existing term loan (the “ Existing Term Loan ”) outstanding under the Existing Credit Agreement in the principal
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AstroNova, Inc. entered into Share Purchase Agreement with Effort Premier Solutions Lda. valued at EUR 17,268,345 (effective 2024-05-04).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Effort Premier Solutions Lda.
- Value
- EUR 17,268,345
- Effective
- 2024-05-04
Exact text from the filing
On May 4, 2024, AstroNova, Inc. (the “ Company ”) as “ First Guarantor ”, along with its wholly-owned Portugal Subsidiary, AstroNova Portugal, Unipessoal, Lda (the “ Purchaser ”) entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Effort Premier Solutions Lda., a private limited company incorporated under the laws of Portugal (the “ Seller ”) and Elói Serafim Alves Ferreira, as the “ Second Guarantor ”.
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