BRIEF-Qorvo Entered Into Five-Year Unsecured Senior Credit Facility Pursuant To A Credit Agreement

Reuters04-27

April 26 (Reuters) - Qorvo Inc :

* QORVO INC -ON APRIL 23, ENTERED INTO FIVE-YEAR UNSECURED SENIOR CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT

* QORVO INC -CREDIT AGREEMENT PROVIDES FOR A $325.0 MILLION SENIOR REVOLVING LINE OF CREDIT

* QORVO INC -UP TO $25.0 MILLION OF REVOLVING FACILITY MAY BE USED FOR THE ISSUANCE OF STANDBY LETTERS OF CREDIT

* QORVO -INITIAL MATURITY DATE OF REVOLVING FACILITY IS APRIL 23, 2029, WHICH MAY BE EXTENDED BY UP TO TWO YEARS BY EXERCISING EXTENSION OPTIONS

Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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