Serena Software pays down $35 million of revolver borrowings

By Sara Rosenberg

New York, Dec 15 - Serena Software Inc. repaid all $35 million of outstanding debt under its non-extended and extended revolving credit facilities during the quarter ended Oct. 31, according to a 10-Q filed with the Securities and Exchange Commission on Thursday.

Additionally, the company terminated the non-extended revolver that was set to mature in 2012.

Serena is a Redwood City, Calif.-based Application Lifecycle Management vendor.

© 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.