Applied Optoelectronics entered into $50 million three-year revolver with BB&T. The company terminated credit agreements with East West Bank and Comerica Bank.
East West Bank’s AOI Agreement Increases Borrowing
July 21, 2014
Applied Optoelectronics announced it entered into a credit agreement with East West Bank to expand its borrowing capacity to $15 million to fund general working capital and manufacturing expansion needs.