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BRIEF-Microchip Technology says pursuant to terms of credit agreement, co terminated 2018 tranche commitments
September 1, 2017 / 8:52 PM / 3 months ago

BRIEF-Microchip Technology says pursuant to terms of credit agreement, co terminated 2018 tranche commitments

Sept 1 (Reuters) - Microchip Technology Inc:

* Microchip Technology Inc - effective as of september 1, 2017, pursuant to terms of credit agreement, company terminated 2018 tranche commitments

* Microchip Technology Inc says ‍pursuant to supplement, lenders party thereto provided $165.7 million of additional 2020 tranche commitments - sec filing​

* Microchip Technology Inc - entered into a master increasing lender supplement, dated as of September 1, 2017

* Microchip Technology Inc - ‍additional 2020 tranche commitments results in approximately $2.727 blnof aggregate 2020 tranche commitments​ Source text - bit.ly/2ew3Bau Further company coverage:

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