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0.000992736711322942 0.00199956907574802 0.00195929578117097 0.00159683612997796 0.003409134385943 -0.00263185980060701 -0.00102092801752706 0.00240230202151793
Stock impact report

Astronics Corporation Announces New $300 Million Revolving Credit Facility [Yahoo! Finance]

Astronics Corporation (ATRO) 
Last astronics corporation earnings: 2/26 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.astronics.com
Company Research Source: Yahoo! Finance
leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has entered into a new $300 million senior secured, cash flow-based revolving credit facility (the "New Revolver"). The New Revolver matures in October 2030 and replaces the previous asset-based revolving credit facility that was scheduled to mature in 2027. The New Revolver, which enhances financial flexibility to support the Company's growth initiatives, also has an accordion feature, which allows the Company to request incremental commitments of up to $100 million plus additional incremental amounts so long as maximum leverage requirements are met. "The successful execution of this New Revolver is a result of the strong financial performance Astronics has demonstrated in recent quarters. It enhances our borrowing capacity, extends our maturity and provides greater flexibility and liquidity to support our operations and growth initiatives," noted Show less Read more
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