Maxim Integrated (MXIM) drops 1.6% AH after announcing it's obtained a $250M credit facility. announced today that it entered into a senior unsecured revolving credit facility. The credit facility provides that Maxim may borrow up to $250 million under revolving loans. Maxim may use any future borrowings from this facility for general corporate purposes, including funding acquisitions and repurchasing its common stock.
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