Morgan Stanley Agents Cypress Loan Amendment

Cypress Semiconductor amended its credit agreement with a group of lenders led by Morgan Stanley Senior Funding, as administrative agent and collateral agent, and Morgan Stanley Bank as issuing bank.

Morgan Stanley Amends Cypress Semiconductor Facility

Cypress Semiconductor amended its credit agreement with Morgan Stanley Senior Funding as administrative agent, reducing the applicable margin for outstanding term loans. The $100 million in term loans borrowed in 2015 will bear interest at either base rate plus 1.75% or Eurodollar plus 2.75%.

Gordon Brothers FC Closes $31.2MM Term Loan For SkyWater

Gordon Brothers Finance entered into a $31.2 million financing transaction with SkyWater Technology Foundry to support the purchase of Cypress Semiconductor’s Bloomington, MN, wafer fabrication facility.