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8 个月前
BRIEF-SMTC reports amendment to revolving credit and security agreement and term note with PNC bank
2016年11月22日 / 晚上9点47分 / 8 个月前

BRIEF-SMTC reports amendment to revolving credit and security agreement and term note with PNC bank

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Nov 22 (Reuters) - Smtc Corp

* SMTC reports amendment to revolving credit and security agreement and term note with PNC bank

* Term loan increased from current balance of $4.25 million to $10 million

* SMTC Corp says three year extension to January 2, 2021 to revolving credit facility

* SMTC Corp says revolver maximum is reduced from $35 million to $30 million

* SMTC Corp says reduced interest margin by 0.25% on both term loan and revolving debt Source text for Eikon: Further company coverage:

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