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Fabrinet amends facility to extend availability period for term loan
By Marisa Wong
Madison, Wis., March 2 – Fabrinet amended its credit agreement dated May 22, 2014 to extend the availability period for draws on its term loan facility to July 31 from May 21, according to an 8-K filing with the Securities and Exchange Commission.
Fabrinet entered into the second amendment to its credit agreement with Bank of America, NA as administrative agent on Feb. 26.
Among other things, the amendment also allows Fabrinet to designate from time to time one or more of its subsidiaries as borrowers under the credit agreement.
The Grand Cayman-based provider of foundry services to optics OEMS manufactures, assembles and tests products at its primary manufacturing facilities in Bangkok.
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