E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/9/2018 in the Prospect News Bank Loan Daily.

Macom amends revolver to extend remaining $30 million portion to 2021

By Sarah Lizee

Olympia, Wash., May 9 – Macom Technology Solutions Holdings, Inc. amended its revolving credit facility to extend the maturity of the remaining $30 million of commitments until November 2021.

As a result, the full $160 million of commitments are now due to mature in November 2021.

The amendment also made some modifications to the covenants in the credit facility, according to a press release. Those changes were not disclosed.

Goldman Sachs Bank USA is the administrative agent.

The revolver was undrawn as of Wednesday.

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


© 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.