AstroNova Secures Amended $27.5 Million Credit Facility with Bank of America

Reuters11-07

<a href="https://laohu8.com/S/ALOT">AstroNova</a> Secures Amended $27.5 Million Credit Facility with Bank of America

AstroNova Inc. has amended its existing credit agreement with Bank of America, enhancing its financial flexibility. The amendment temporarily increases the company's revolving credit facility from $25.0 million to $27.5 million and extends its maturity to August 2028. In addition, the previous term loans have been refinanced into a new $10 million term loan due in August 2028 and a $9.7 million term A-2 loan due in August 2035. The revised agreement also reduces quarterly debt service payments and allows up to $1.5 million in restructuring charges to be added back to EBITDA for covenant calculations. As part of the amendment, AstroNova has secured the facility with real estate in West Warwick, Rhode Island, and granted a security interest in its Astro Machine facility in Elk Grove Village, Illinois.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AstroNova Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106994596) on November 06, 2025, and is solely responsible for the information contained therein.

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ID: 20251106994596) on November 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1894683348.USD","symbol_name":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nNDL5JpTLY:1","article_id":"2581048781","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581048781","pubTimestamp":1762464288,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AstroNova Inc. has amended its existing credit agreement with Bank of America, enhancing its financial flexibility. 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The amendment temporarily increases the company's revolving credit facility from $25.0 million to $27.5 million and extends its maturity to August 2028. In addition, the previous term loans have been refinanced into a new $10 million term loan due in August 2028 and a $9.7 million term A-2 loan due in August 2035. The revised agreement also reduces quarterly debt service payments and allows up to $1.5 million in restructuring charges to be added back to EBITDA for covenant calculations. As part of the amendment, AstroNova has secured the facility with real estate in West Warwick, Rhode Island, and granted a security interest in its Astro Machine facility in Elk Grove Village, Illinois.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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