IN BRIEF: Volex secures new debt facilities in refinancing
Volex PLC - Basingstoke-based electronics manufacturer - Completes refinancing with a syndicate of five banks, replacing existing USD100 million revolving credit facility with USD200 million committed facility, as well as USD100 million uncommitted accordion. The facility has an initial maturity date of February 2025, with the possibility of two one-year extensions, and is structured as a USD125 million RCF and USD75 million loan. Read More