Aviat Networks amends credit agreement; $75M term loan to refinance existing debt, revolver raised to $75M

AVIAT NETWORKS, INC.

Second Amendment to Credit Agreement dated October 18, 2024, among Aviat, U.S. and Singapore borrowers, and Wells Fargo (administrative agent).
Lenders commit to provide $75M term loans to refinance all outstanding Delayed Draw Term Loans under the existing facility.
Revolving Credit Commitments increased to $75M in aggregate.
Other modifications include changes to certain payment term mechanics.
Conditions for effectiveness include delivery of financial statements, payment of fees, and no default.

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