Astronics shares jump after convertible note refinancing

3 hours ago 1
Businesswoman traveling on an airplane to a business destination

Susumu Yoshioka

Shares of Astronics (NASDAQ:ATRO) on Wednesday surged as much as 21% to the highest since 2018, a day after the aerospace supplier unveiled plans to issue $210 million of convertible senior notes due 2031 and repurchase a portion of its outstanding 2030

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