- News
11 May 2018
MACOM announces additional extension of revolving Credit facility
© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.
MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for RF, microwave, millimeter-wave and lightwave applications) has entered into an amendment to its existing revolving credit facility with the lenders (and Goldman Sachs Bank USA, as the administrative agent).
The amendment extended the maturity of the remaining $30m of commitments comprising the aggregate $160m of borrowing availability under the facility until November 2021. The amendment also contained certain modifications to the covenants contained in the credit facility.
After giving effect to the amendment, all $160m of borrowing availability under MACOM’s revolving credit facility remained undrawn as of 9 May, and had a scheduled maturity of November 2021.
See related items:
MACOM extends revolving credit facility
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