Amphenol amends revolver, lowering rates, extending maturity

By Sara Rosenberg

New York, Aug. 4 - Amphenol Corp. amended its revolving credit facility, reducing borrowing costs and extending the tenor to August 2011 from July 2010, according to a 10-Q filed with the Securities and Exchange Commission Friday.

In addition, the amendment increased the general indebtedness basket by $250 million through an accordion feature.

The amendment was completed on Aug. 1.

Amphenol is a Wallingford, Conn.-based designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cables.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.