Loan & DebtApr 24, 2026, 05:31 PM
PDF Solutions Amends Credit Agreement, Boosts Facility to $75M
AI Summary
PDF Solutions, Inc. amended its Credit Agreement, increasing its revolving credit facility to $75 million. The amendment also introduces a tiered commitment fee structure, replacing the previous flat 0.50% rate. The new fees range from 0.20% to 0.50% based on the company's total debt to EBITDA ratio, potentially lowering borrowing costs if leverage is reduced.
Key Highlights
- Revolving credit facility increased to $75 million.
- Commitment fee now tiered: 0.20% to 0.50%.
- Fee based on total debt to EBITDA ratio.
- Previous flat commitment fee was 0.50% per annum.