MACOM Announces Extension of Revolving Credit Facility

5/2/18

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) (“MACOM”), a leading supplier of high-performance RF, microwave, millimeterwave and lightwave semiconductor products, today announced that it has entered into an amendment to its existing revolving credit facility with the lenders party thereto and Goldman Sachs Bank USA, as the administrative agent. The amendment extended the maturity of $130.0 million of borrowing availability under the facility until November 2021, with the remaining $30.0 million of borrowing availability maturing in May 2019. Prior to the amendment, the entire $160.0 million of revolving credit facility borrowing availability was scheduled to mature in May 2019. The amendment also contained certain modifications to the covenants contained in the credit facility. All $160.0 million of borrowing availability under the revolving credit facility remained undrawn as of May 2, 2018.

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