September 30, 2016 / 3:07 PM / a year ago

BRIEF-On Semiconductor announces refinancing of secured debt facilities

Sept 30 (Reuters) - On Semiconductor

* On Semiconductor announces refinancing of secured debt facilities

* Transaction replaces, refinances in full senior secured term loans with new tranche of refinancing term loans with 1.25% reduction

* Refinancing amends debt facilities to refinance term loans with new tranche of refinancing term loans

* Refinancing transaction increases size of its senior secured term loan facility by $200 million to a total aggregate amount of $2.4 billion Source text for Eikon:

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