- News
3 May 2018
MACOM extends 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 with Goldman Sachs Bank USA as the administrative agent.
The amendment extended the maturity of $130m of borrowing availability under the facility until November 2021, with the remaining $30m of borrowing availability maturing in May 2019. Prior to the amendment, the entire $160m of revolving credit facility borrowing availability was scheduled to mature in May 2019. The amendment also contained certain modifications to the covenants contained in the credit facility.
All $160m of borrowing availability under the revolving credit facility remained undrawn as of 2 May.
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