| Issuer / Guarantor | Astronics Corporation |
|---|---|
| Size | USD 225mn |
| Type | Convertible |
| Leads | HSBC |
| Maturity | 15 Jan 2031 (5.3 years) |
| Coupon | 0% (0%) |
| Premium | 25% (25%) |
| Calls | NC3.25; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Oct 2030 (5.1 yrs) |
| Announced | 09 Sep 2025 |