Avago Technologies increases credit line to $375M
October 11, 2007
SAN JOSE, Calif. -- Avago Technologies, a leading supplier of analog interface components for communications, industrial and consumer applications, today announced that it has amended its credit agreement to increase the revolving credit facility available to the Company and certain of its subsidiaries by $125 million to a total of $375 million in US dollars and other currencies.
“We are pleased that we have been able to complete this transaction in spite of the challenging credit market conditions,” said Hock E. Tan, president and CEO of Avago Technologies. “Our solid financial performance over the recent quarters was a key contributor in our ability to attract additional lenders under the agreement.”
Avago Technologies Pte.
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