Astronics Corporation Announces $150M Convertible Senior Notes Due 2030 Offering
Astronics Corporation Announces $150M Convertible Senior Notes Due 2030 Offering
Astronics Corporation (NASDAQ:ATRO) ("Astronics" or the "Company") today announced that it intends to offer, subject to market and other conditions, $150 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Astronics also expects to grant to the initial purchasers of the Notes an option to purchase up to an additional $15 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued.
astronics 公司（纳斯达克：ATRO）（"astronics" 或"公司"）今天宣布，根据市场和其他条件，拟发行总额为15000万美元的截至2030年到期的可转换优先票据（"票据"），在《1933年证券法修正案》（"证券法"）第144A条规定的合格机构投资者私下发行。astronics 还预计向票据的初始购买者授予购买最多1500万美元票据额外的权利，以在发行票据的第一个日期开始并包括起始，期限为13天内结算。
