{"id":1019646,"date":"2026-11-10T16:05:01","date_gmt":"2026-11-10T21:05:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-announces-extended-maturity-of-bank-credit-line-subordinated-notes\/"},"modified":"2026-11-10T16:05:01","modified_gmt":"2026-11-10T21:05:01","slug":"air-industries-group-announces-extended-maturity-of-bank-credit-line-subordinated-notes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-announces-extended-maturity-of-bank-credit-line-subordinated-notes\/","title":{"rendered":"Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes"},"content":{"rendered":"

<\/p>\n

Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes<\/i><\/b><\/p>\n

BAY SHORE, N.Y.–(BUSINESS WIRE<\/a>)–Air Industries Group (NYSE American: AIRI)<\/b>, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has signed Amendments extending the Maturity Dates of the Credit Agreement with its Primary Lender and with the Holders of its Subordinated Notes.<\/p>\n

\nThe Bank Amendment extends the Maturity Date of the Credit Agreement by four-months from November 30, 2026, to April 30, 2027. The Maturity Date of the Subordinated Notes has been extended to May 1, 2027.<\/p>\n

ABOUT AIR INDUSTRIES GROUP
\n
<\/b>Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers. The Company is a Tier 1 supplier to aircraft Original Equipment Manufacturers, and a Prime Contractor to the U.S. Department of Defense, and is highly regarded for its expertise in designing and manufacturing parts and assemblies vital for flight safety and performance.<\/p>\n

\nAdditional information about the Company can be found in its filings with the SEC and by visiting our newly revamped website at www.airindustriesgroup.com<\/a>.<\/p>\n

Forward Looking Statements
\n
<\/b>Certain matters discussed in this press release are ‘forward-looking statements’ intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company’s statements regarding trends in the marketplace, future revenues, earnings and Adjusted EBITDA, the ability to realize firm backlog and projected backlog, cost cutting measures, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management, regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company’s control. The factors discussed herein and expressed from time to time in the Company’s filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261110542651\/en\/<\/a><\/span><\/p>\n

\nAir Industries Group
\n
Investor Relations
\n
Scott Glassman \u2013 Interim CEO
\n
631.328.7028
\n
Michael Recca – Investor Relations
\n
917.846.1917
\n
ir@airindustriesgroup.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Defense Air Aerospace Transport Manufacturing Contracts<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes BAY SHORE, N.Y.–(BUSINESS WIRE)–Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has signed Amendments extending the Maturity Dates of the Credit Agreement with its Primary Lender and with the Holders of its Subordinated Notes. The Bank Amendment extends the Maturity Date of the Credit Agreement by four-months from November 30, 2026, to April 30, 2027. The Maturity Date of the Subordinated Notes has been extended to May 1, 2027. ABOUT AIR INDUSTRIES GROUP Air Industries Group (NYSE American: AIRI) … <\/p>\n

Continue reading “Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1019646","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAir Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-announces-extended-maturity-of-bank-credit-line-subordinated-notes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Air Industries Group Announces Extended Maturity of Bank Credit Line & Subordinated Notes BAY SHORE, N.Y.–(BUSINESS WIRE)–Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has signed Amendments extending the Maturity Dates of the Credit Agreement with its Primary Lender and with the Holders of its Subordinated Notes. The Bank Amendment extends the Maturity Date of the Credit Agreement by four-months from November 30, 2026, to April 30, 2027. The Maturity Date of the Subordinated Notes has been extended to May 1, 2027. 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