Allegro MicroSystems, Inc. has completed the allocation of a $285 million U.S. dollar-denominated first lien term facility maturing in October 2030. The financing, known as the Refinancing and Repricing Facility, offers an interest rate margin of 1.75% for loans based on the secured overnight financing rate and 0.75% for loans based on the base rate. The company plans to use the proceeds to fully refinance its existing term loans. The transaction is subject to customary closing conditions and is expected to be finalized in January 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allegro Microsystems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-014666), on January 16, 2026, and is solely responsible for the information contained therein.
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