You are here

Cypress, $430(단위: 백만) 규모의 선순위 담보 회전 신용 공여 계약 체결 | Cypress Semiconductor

Cypress, $430(단위: 백만) 규모의 선순위 담보 회전 신용 공여 계약 체결

최신 업데이트: 2012년 6월 27일

SAN JOSE, Calif., 2012년 6월 27일 – Cypress Semiconductor Corp. (NASDAQ: CY) today announced that it has entered into a five-year senior secured revolving credit facility with a group of lenders led by Morgan Stanley Senior Funding, Inc. as administrative agent and collateral agent. The facility enables the company to borrow up to $430 million on a revolving basis. The credit facility bears interest at LIBOR plus 2.25 percent on the drawn amount. There is a commitment fee payable of 0.375 percent per annum on any undrawn amounts. The credit facility contains customary affirmative, negative and financial covenants for similarly rated companies.

The Company expects to draw down a total of $153 million immediately and is permitted to use the borrowings for working capital, acquisitions, stock repurchases and other general corporate purposes.  More detailed information about the credit facility is contained in the Form 8-K to be filed by the Company.

“We are pleased to secure this revolving credit facility at attractive interest rates from a core group of lenders,” said Brad Buss, Executive Vice President of Finance and CFO for Cypress. “The facility enhances Cypress’s credit profile and provides us further financial flexibility to support our long-term corporate objectives.”

Cypress 정보
Cypress는 제품 출시 기간을 단축하고 탁월한 시스템 가치를 제공하는 프로그램 가능 고성능 혼합 신호 솔루션을 제공합니다. Cypress offerings include the flagship PSoC® 1, PSoC 3 and PSoC 5 programmable system-on-chip families and derivatives, CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets, PCs and tablets. Cypress는 또한 SRAM 메모리 부문에서도 세계를 선도합니다. Cypress는 소비자, 모바일 핸드셋, 컴퓨팅, 데이터 통신, 자동차, 산업 및 군대 분야를 망라하여 수많은 시장을 지원합니다. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at

# # #


This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding the revolving credit facility entered into by the Company and Cypress’ intended use of funds which may or may not be drawn down on the facility.  These statements involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including the business and economic conditions and growth trends in the semiconductor industry and in various geographic regions; our ability to manage financial risk; and other factors listed in Cypress’s most recent reports on Form 10-K, 10-Q and 8-K. The information above speaks only as of the date of this release.


Cypress and the Cypress logo, PSoC, PowerPSoC, CapSense, TrueTouch and West Bridge are registered trademarks of Cypress Semiconductor Corporation.

Social Media

Twitter 팔로우

Facebook 팔로우

Follow us on LinkedIn

Follow us on Instagram

Follow us on Google+

Follow us on YouTube