secwatch.observer — SEC 8-K summary
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Issuer:     AVIAT NETWORKS, INC. (AVNW)
CIK:        0001377789
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001377789-24-000052
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aviat Networks amends credit agreement; $75M term loan to refinance existing debt, revolver raised to $75M
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- Second Amendment to Credit Agreement dated October 18, 2024, among Aviat, U.S. and Singapore borrowers, and Wells Fargo (administrative agent).
- Lenders commit to provide $75M term loans to refinance all outstanding Delayed Draw Term Loans under the existing facility.
- Revolving Credit Commitments increased to $75M in aggregate.
- Other modifications include changes to certain payment term mechanics.
- Conditions for effectiveness include delivery of financial statements, payment of fees, and no default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000052/0001377789-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377789/000137778924000052/avnw-20241018.htm
  HTML page:      https://secwatch.observer/filing/0001377789-24-000052

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