Astronics Corp Announces The Pricing Of $150M Aggregate Principal Amount Of 5.500% Convertible Senior Notes Due 2030
Astronics Corp Announces The Pricing Of $150M Aggregate Principal Amount Of 5.500% Convertible Senior Notes Due 2030
Astronics Corporation (NASDAQ:ATRO) ("Astronics" or the "Company") today announced the pricing of $150 million aggregate principal amount of 5.500% 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 granted 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. The offering of the Notes is expected to close on December 3, 2024, subject to customary closing conditions.
Astronics公司（纳斯达克：ATRO）（"Astronics"或"公司"）今天宣布以1.5亿美元的总本金金额定价5.500%的可转换高级票据，票据到期日为2030年（"票据"），并通过私人发行向合理相信为合格机构买家的个人进行出售，依据1933年证券法第144A条款进行（"证券法"）。Astronics还授予票据的初始购买者一个选择权，可以在票据发行日起13天内额外购买最高1,500万美元的票据。预计票据的发行将在2024年12月3日完成，具体以通常的成交条件为准。
The Notes will be Astronics' senior unsecured obligations. The Notes will mature on March 15, 2030, unless earlier converted, redeemed or repurchased. The Notes will bear interest at a rate of 5.500% per year, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2025.
票据将是astronics的优先无抵押债务。 票据将于2030年3月15日到期，除非提前转换、赎回或回购。票据的利率为每年5.500%，递年以来每年3月15日和9月15日向后支付半年次，从2025年3月15日起。
