Ubiquiti Networks amended its credit agreement with Wells Fargo Bank as administrative agent, to increase the revolving loan commitments from $200 million to $300 million.

The amendment also allows for an incremental increase of $50 million in the form of term loans or revolving credit commitments, subject to the company’s pro forma compliance with financial covenants, the administrative agent’s approval, the company obtaining commitments for such increase and other customary conditions.

The amendment also provides that the company and certain of its subsidiaries will be required to maintain minimum liquidity of $250 million, which represents a $25 million increase from the previous minimum liquidity test.