AeroVironment Expands Revolving Credit Facility by $100M to $450 Million

AeroVironment announced it has amended its credit agreement, increasing its total revolving credit commitments by $100 million to a new total of $450 million. The amendment, effective October 30, 2026, adds BMO Bank N.A. as a new lender and provides the company with greater financial flexibility.

Key Details

• Increased Capacity: Total revolving commitments were increased from $350 million to $450 million via a Sixth Amendment to the company's Credit Agreement.
• Key Terms: The facility's maturity date remains unchanged at October 4, 2029, and continues to be secured by substantially all company assets.
• Facility Structure: The expanded $450 million facility includes a $150 million letter of credit sublimit (previously increased in a Fifth Amendment on October 9, 2026) and a $10 million swingline sublimit.