Ichor Holdings authorized the repurchase of up to $50 million of the company’s ordinary shares. Concurrently, the company refinanced its credit facility with a $175 term loan and a up to $125 million revolver in a transaction agented by Bank of America.
Semtech closed a new credit agreement consisting of a senior secured term A loan facility in the amount of $150 million and a senior secured revolving credit facility in the amount of $250 million. HSBC served as administrative agent, swing line lender and L/C issuer.
Coherent completed its previously announced acquisition of Rofin-Sinar Technologies. Barclays served as administrative agent for a €670 million ($740 million) term loan to support the transaction.