Allegro MicroSystems Launches Incremental Term Loan
Allegro MicroSystems Launches Incremental Term Loan
MANCHESTER, N.H., July 23, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of syndication of an incremental term loan under the Credit Agreement, dated as of June 21, 2023, by and among Allegro, Allegro MicroSystems, LLC, the lenders and the other parties thereto (the "Incremental Term Loan"). Proceeds from the Incremental Term Loan will be used to repurchase shares from Allegro's majority shareholder, Sanken Electric Co., Ltd. ("Sanken"). The foregoing transactions are subject to market and other conditions, and there can be no assurance as to whether, or when, the transactions may be completed or as to the actual size or terms of the Incremental Term Loan.
新罕布什尔州曼彻斯特,2024年7月23日(GLOBE NEWSWIRE)——运动控制和节能系统电力和传感解决方案的全球领导者Allegro MicroSystems, Inc.(“Allegro”)(纳斯达克股票代码:ALGM)今天宣布,贷款机构Allegro MicroSystems, LLC根据截至2023年6月21日的信贷协议启动银团贷款及其其他各方(“增量定期贷款”)。增量定期贷款的收益将用于回购Allegro的大股东三垦电气有限公司(“Sanken”)的股份。上述交易受市场和其他条件的约束,无法保证交易是否或何时完成,也无法保证增量定期贷款的实际规模或条款。
Morgan Stanley and Barclays are acting as joint lead arrangers and book-runners for the Incremental Term Loan.
摩根士丹利和巴克莱银行担任增量定期贷款的联合牵头安排人和账簿管理人。
PJT Partners is acting as financial advisor to Allegro.
PjT Partners担任Allegro的财务顾问。
About Allegro MicroSystems
关于 Allegro 微系统
Allegro MicroSystems, Inc. is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits ("ICs") and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Allegro's diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power-saving technologies for data centers and clean energy applications.
Allegro MicroSystems, Inc. 是一家全球领先的传感器集成电路(“IC”)和特定应用模拟功率 IC 的设计师、开发商、无晶圆厂制造商和营销商,为汽车和工业市场中的新兴技术提供支持。Allegro 多样化的产品组合为汽车电气化、汽车 ADAS 安全功能、工业 4.0 自动化以及数据中心和清洁能源应用的节能技术提供高效可靠的解决方案。
About Sanken
关于 Sanken
Sanken's mission as a company is to provide optimal solutions in the broad and expansive field of electricity and electronics with semiconductors, its core business, power electronics and peripheral fields. Sanken provides products globally for the increasingly electrified automotive industry, as well as for white goods and industrial equipment, which are becoming more energy efficient as demand for electricity increases. Sanken Electric works to constantly innovate its technological capabilities and provides products of assured quality to help solve global environmental and social issues and further develop industry, the economy and culture.
作为一家公司,Sanken的使命是在广阔而广阔的电气和电子领域提供最佳解决方案,包括半导体、其核心业务、电力电子和外围领域。Sanken在全球范围内为日益电气化的汽车行业以及白色家电和工业设备提供产品,随着电力需求的增加,这些产品的能效也越来越高。三垦电气致力于不断创新其技术能力,提供质量有保障的产品,以帮助解决全球环境和社会问题,进一步发展工业、经济和文化。
Forward-Looking Statements
前瞻性陈述
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the expected syndication of the Incremental Term Loan and the repurchase of shares from Sanken, each as described above. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended March 29, 2024, filed with the SEC on May 23, 2024, and our other filings with the SEC, any of which could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.
本新闻稿包含1995年《私人证券诉讼改革法》所指的前瞻性陈述。本新闻稿中包含的所有与历史事实无关的陈述均应被视为前瞻性陈述,包括有关预期的增量定期贷款银团发放和从Sanken回购股票的声明,每项陈述均如上所述。这些前瞻性陈述基于管理层当前的预期。这些陈述既不是承诺也不是保证,但涉及已知和未知的风险、不确定性和其他重要因素,这些因素可能导致我们的实际业绩、业绩或成就与前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就存在重大差异,包括但不限于我们在2024年5月23日向美国证券交易委员会提交的截至2024年3月29日财年的10-k表年度报告中在 “风险因素” 标题下讨论的因素,以及我们向美国证券交易委员会提交的其他文件,任何其中可能导致实际业绩与本新闻稿中前瞻性陈述所示的结果存在重大差异。任何此类前瞻性陈述均代表管理层截至本新闻稿发布之日的估计。尽管我们可能会选择在未来的某个时候更新此类前瞻性陈述,但除非法律要求,否则我们不承担任何更新此类前瞻性陈述的义务,即使随后发生的事件导致我们的观点发生变化。在本新闻稿发布之日之后的任何日期,均不应依赖这些前瞻性陈述来代表我们的观点。
Contact:
Jalene Hoover
VP of Investor Relations & Corporate Communications
+1 (512) 751-6526
jhoover@allegromicro.com
联系人:
杰琳·胡佛
投资者关系与企业传播副总裁
+1 (512) 751-6526
jhoover@allegromicro.com