debt
confidence high
sentiment positive
materiality 0.50
Ultra Clean Holdings cuts term loan rate by 0.25% in Seventh Amendment
Ultra Clean Holdings, Inc.
- Interest rate on term loan facility reduced by 0.25% per annum effective Oct 8, 2024.
- Existing Term B Loans of $493.75M refinanced with Replacement Term Loans on same date.
- Cashless rollover of $466.97M; remaining Existing Term Loans repaid with new loan proceeds.
- Amendment involves lenders including Barclays as administrative agent.