Cohu prepays $100 million of term loan B facility

By Taylor Fox

New York, March 23 – Cohu, Inc. prepaid $100 million of its term loan B facility, according to a news release.

Cohu reduced the outstanding principal of the facility to $206 million as a result of the prepayment.

The debt repayment was funded with a portion of the $233 million proceeds from the sale of common stock completed on March 12.

Cohu is a Poway, Calif.-based supplier of semiconductor test and inspection handlers, micro-electro mechanical system test modules, test contactors and thermal sub-systems.

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