Brief: Qorvo Entered Into Five-Year Unsecured Senior Credit Facility Pursuant To A Credit Agreement

Qorvo

26/04/2024 21:36

April 26 (Reuters) - Qorvo Inc  QRVO.O :
    * QORVO INC -ON APRIL 23, ENTERED INTO FIVE-YEAR UNSECURED
SENIOR
CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT
    * QORVO INC -CREDIT AGREEMENT PROVIDES FOR A $325.0 MILLION
SENIOR
REVOLVING LINE OF CREDIT
    * QORVO INC -UP TO $25.0 MILLION OF REVOLVING FACILITY MAY
BE USED
FOR THE ISSUANCE OF STANDBY LETTERS OF CREDIT
    * QORVO -INITIAL MATURITY DATE OF REVOLVING FACILITY IS
APRIL 23,
2029, WHICH MAY BE EXTENDED BY UP TO TWO YEARS BY EXERCISING
EXTENSION OPTIONS

Further company coverage:  QRVO.O 

 (Reuters.Briefs@thomsonreuters.com)