Macom Technology Solutions Holdings entered into three amendments to its credit agreement dated May 8, 2014 with Goldman Sachs Bank as the administrative agent, collateral agent, swing line lender and L/C issuer.

Pursuant to the second incremental amendment with Barclays Bank and Goldman Sachs, the company increased the revolving credit commitments available under its revolving credit facility by $30 million to $160 million. No amounts were drawn under the increased revolving credit commitments on the amendment date.

Pursuant to amendment No. 4, the credit agreement was amended to provide that the financial covenant under the revolving credit facility would only be tested if, as of the last date of any fiscal quarter, the aggregate amount outstanding under the revolving credit facility exceeds 35% of the revolving credit commitments under the company’s revolving credit facility. Prior to the revolver amendment, the threshold for testing the financial covenant was set at 25% of the revolving credit commitments under the company’s revolving credit facility.

Pursuant to the refinancing amendment, the company’s existing term B loans were refinanced in full with a new tranche of term B loans at a reduced interest rate. The new tranche of term B loans will bear interest at: for LIBOR loans for any interest period, a rate per annum equal to the LIBOR rate as determined by the administrative agent, plus an applicable margin of (a) if the company’s total first lien leverage ratio is greater than or equal to 2.00 to 1.00, 3.00% and (b) if the company’s total first lien leverage ratio is less than 2.00 to 1.00, 2.75%; and for base rate loans, a rate per annum equal to the greater of (x) the prime rate quoted in the print edition of the Wall Street Journal, Money Rates Section, (y) the federal funds rate plus one-half of 1.00% and (z) the LIBOR rate applicable to a one-month interest period plus 1.00%, plus an applicable margin of (a) if the company’s total first lien leverage ratio is greater than or equal to 2.00 to 1.00, 2.00% and (b) if the company’s total first lien leverage ratio is less than 2.00 to 1.00, 1.75%.