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Avago Technologies increases revolver commitments to $300 million
By Jennifer Chiou
New York, Aug. 10 - Avago Technologies Ltd. subsidiary Avago Technologies Finance Pte. Ltd. announced that it has augmented the commitments under its unsecured revolving credit facility to $300 million from $200 million.
The change is effective as of Aug. 6, according to an 8-K filed with the Securities and Exchange Commission.
No amounts have been borrowed under the facility.
As announced, Citicorp International Ltd. was the administrative agent when the original deal was completed on March 31.
Avago is a Singapore-based designer, developer and supplier of analog semiconductor devices.
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