Macom Technology to launch $688 million term loan B on Thursday

By Sara Rosenberg

New York, May 3 – Macom Technology Solutions Holdings Inc. is scheduled to hold a lender call at 1 p.m. ET on Thursday to launch a $688,461,733 senior secured term loan B, according to a market source.

Morgan Stanley Senior Funding Inc. is the lead bank on the deal.

Proceeds will be used to amend and extend an existing $588,461,733 term loan B due 2021 and upsize the facility by $100 million for general corporate purposes, the source said.

Macom is a Lowell, Mass.-based supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products.

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