Astronics Closes Convertible Notes Offering due 2031

MT Newswires Live

09/17

Astronics (ATRO) said late Tuesday it has closed its offering of $225 million of zero-coupon convertible senior notes due 2031, including the full exercise of an overallotment option.

The company said proceeds were used in part to retire about $132 million of 5.5% convertible notes due 2030.

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