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Viavi Solutions plans $300 million asset-based revolver
By Sara Rosenberg
New York, Sept. 23 – Viavi Solutions Inc. plans on getting a new $300 million five-year asset-based senior secured revolving credit facility, according to a market source.
Proceeds will be used to refinance an existing revolver.
Closing is expected in October.
Viavi is a Scottsdale, Ariz.-based manufacturer of testing and monitoring equipment for networks.
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