other material
confidence high
sentiment neutral
materiality 0.60
MaxLinear amends commitment letter for $3.5B credit facilities to fund Silicon Motion acquisition
MAXLINEAR, INC
- Senior secured credit facilities: $2.7375B Term B loan, $512.5M Term A loan, $250M revolver.
- Amended commitment letter adds BMO, Citizens Bank, and Truist as lenders alongside Wells Fargo.
- Financing is contingent on closing of previously announced acquisition of Silicon Motion.
- Conditions include execution of definitive docs and consummation of the merger.