debt
confidence high
sentiment neutral
materiality 0.55
Veeco Instruments increases revolving credit facility by $75M to $225M
VEECO INSTRUMENTS INC
- Senior secured revolving credit facility increased by $75M to $225M aggregate principal.
- Citizens Bank, N.A. joined as a new lender under the loan agreement.
- Other lenders include HSBC, Barclays, Santander, Citibank, and First-Citizens Bank.
- Third Amendment to Loan and Security Agreement effective August 2, 2024.