MACOM Technology Solutions amended its existing revolving credit facility with Goldman Sachs as administrative agent.
The amendment extended the maturity of the remaining $30 million of commitments comprising the aggregate $160 million of borrowing availability under the facility until November 2021. The amendment also contained certain modifications to the covenants contained in the credit facility.
After giving effect to the amendment, all $160 million of borrowing availability under MACOM’s revolving credit facility remained undrawn as of May 9, 2018.
Headquartered in Lowell, MA, MACOM is a supplier of high-performance RF, microwave, millimeterwave and lightwave semiconductor products for communications infrastructure, aerospace and defense companies.
