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 Corporation（納斯達克股票代碼：ATRO）（「Astronics」 或 「公司」）今天宣佈，根據經修訂的1933年《證券法》（「證券法」）第144A條，向合理認爲是合格機構買家的個人私募發行的本金總額爲1.5億美元的2030年到期的5.500％可轉換優先票據（「票據」）的定價。Astronics還授予票據的初始購買者選擇購買本金總額不超過1500萬美元的票據，以便在自票據首次發行之日起的13天內結算。票據的發行預計將於2024年12月3日結束，但須遵守慣例成交條件。
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.
這些票據將是Astronics的優先無擔保債務。除非提前轉換、兌換或回購，否則這些票據將於2030年3月15日到期。這些票據的利率爲每年5.500％，從2025年3月15日開始，每半年在每年的3月15日和9月15日分期支付。
