Coherent Corp.
Coherent Corp. Amends Credit Agreement to Lower Interest Rates
Summary
On January 2, 2025, Coherent Corp. amended its Credit Agreement, replacing existing term B loans with new term loans having a reduced interest rate margin from 1.50% to 1.00% for base rate loans and from 2.50% to 2.00% for term benchmark loans, with a floor of 0.50%. The maturity of the new term B loans remains unchanged.
Profitelligence Alerts
Get alerts for COHR
Be first to know when Coherent Corp. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Coherent Corp.
Coherent Corp. is a prominent player in the photonics and laser technology industry, specializing in the development and manufacturing of optical and laser-based products. Its primary function involves providing advanced laser solutions and photonics technologies that are integral to a wide range of industrial, scientific, and commercial applications. Coherent Corp.’s products serve key sectors, including communications, industrial automation, semiconductor manufacturing, and healthcare, where precision laser systems and components are crucial. The company's laser technologies enable high-precision microelectronics manufacturing and have applications in medical devices, display technologies, and scientific research. Coherent Corp.'s role in the market is significant due to its innovative contributions to enhancing manufacturing efficiencies and facilitating technological advancements in industries that demand high-performance optical solutions. Headquartered in the United States, Coherent Corp. continues to influence the global photonics landscape, leveraging its expertise to advance technological capabilities and address complex industrial challenges.
Official SEC Documents
Advertisement