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Andrew amends loan, changing consolidated EBITDA definition
By Sara Rosenberg
New York, July 31 - Andrew Corp. amended its credit facility, revising the definition of consolidated EBITDA and waiving any default that may occur as a result of CommScope Inc.'s acquisition of the company, according to an 8-K filed with the Securities and Exchange Commission Tuesday.
The amendment was completed on July 27 and is effective as of June 30.
Bank of America is the administrative agent on the deal.
Andrew is a Westchester, Ill., designer, manufacturer and deliverer of equipment and services for the communications infrastructure market.
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