Cohu (COHU) has released an update.
Cohu, Inc. successfully prepaid its $350 million Term Loan Credit Facility on February 9, 2024, eliminating all related debts and obligations without incurring any early termination penalties. The voluntary prepayment to Deutsche Bank covered the principal, interest, and additional costs, leading to the release of all liens and the termination of the company’s guarantee. This financial move concluded the Credit Agreement well ahead of its October 2025 maturity date, signifying a robust step towards Cohu’s financial liberation.
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