Macom amends revolver to extend $130 million portion to November 2021

By Wendy Van Sickle

Columbus, Ohio, May 2 – Macom Technology Solutions Holdings Inc. amended its revolving credit facility to extend the maturity of $130 million of borrowing availability to November 2021, according to a press release.

The remaining $30 million of availability will mature in May 2019, which was when the full $160 million revolver was set to mature prior to the amendment.

The amendment also made some modifications to some of the credit facility’s covenants, according to the release. Those changes were not disclosed.

Goldman Sachs Bank USA is the administrative agent.

The revolver was undrawn as of Tuesday.

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

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