Cohu, Inc.

NASDAQ:COHU   3:59:50 PM EDT
34.42
-2.84 (-7.62%)
Debt Financing / Related

Cohu Announces $100 Million Debt Prepayment

Published: 06/30/2021 20:14 GMT
Cohu, Inc. (COHU) - Cohu Announces $100 Million Debt Prepayment.
Cohu Inc - As a Result of Prepayment, Reduced Outstanding Principal of Tlb to About $104 Million.
Cohu Inc - Debt Prepayment Was Funded With Net Proceeds From Divestment of Co's Printed Circuit Board Test Business.
Cohu Inc - $100 Million Principal Reduction is Expected to Save About $0.8 Million in Fiscal Q3 2021 Interest Expense.