MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Files An 8-K Entry into a Material Definitive Agreement

Item1.01.

On March10, 2017 (the Amendment Date), MACOM Technology
Solutions Holdings, Inc. (the Company) entered into three
amendments to its credit agreement dated as of May8, 2014 (as
previously amended, restated, supplemented or modified from time
to time, the Credit Agreement), among the Company, the
lenders party thereto and Goldman Sachs Bank USA, as the
administrative agent (in such capacity, the Administrative
Agent), collateral agent, swing line lender and L/C issuer.

to the Second Incremental Amendment, dated as of the Amendment
Date (the Incremental Amendment), among the Company,
Barclays Bank PLC and the Administrative Agent, the Company
increased the revolving credit commitments available under its
revolving credit facility by $30,000,000 to $160,000,000. No
amounts were drawn under the increased revolving credit
commitments on the Amendment Date.

to Amendment No.4 to Credit Agreement, dated as of the Amendment
Date (the Revolver Amendment), among the Company, the
revolving credit lenders and the Administrative Agent, the Credit
Agreement was amended to provide that the financial covenant
under the revolving credit facility would only be tested if, as
of the last date of any fiscal quarter, the aggregate amount
outstanding under the revolving credit facility (other than with
respect to (x)undrawn letters of credit in an amount not to
exceed $5,000,000 and (y)letters of credit that have been cash
collateralized to the Credit Agreement) exceeds 35% of the
revolving credit commitments under the Companys revolving credit
facility. Prior to the Revolver Amendment, the threshold for
testing the financial covenant was set at 25% of the revolving
credit commitments under the Companys revolving credit facility.

to the Refinancing Amendment, dated as of the Amendment Date (the
Refinancing Amendment), among the Company, the term
lenders party thereto and the Administrative Agent, the Companys
existing term B loans were refinanced in full with a new tranche
of term B loans at a reduced interest rate. The new tranche of
term B loans will bear interest at: (i)for LIBOR loans for any
interest period, a rate per annum equal to the LIBOR rate as
determined by the administrative agent, plus an applicable margin
of (a)if the Companys total first lien leverage ratio is greater
than or equal to 2.00 to 1.00, 3.00% and (b)if the Companys total
first lien leverage ratio is less than 2.00 to 1.00, 2.75%; and
(ii)for base rate loans, a rate per annum equal to the greater of
(x)the prime rate quoted in the print edition of the Wall Street
Journal, Money Rates Section, (y)the federal funds rate plus
one-half of 1.00% and (z)the LIBOR rate applicable to a one-month
interest period plus 1.00% (but, in each case, not less than
1.00%), plus an applicable margin of (a)if the Companys total
first lien leverage ratio is greater than or equal to 2.00 to
1.00, 2.00% and (b)if the Companys total first lien leverage
ratio is less than 2.00 to 1.00, 1.75%.

The foregoing descriptions of the Incremental Amendment, the
Revolver Amendment and the Refinancing Amendment do not purport
to be complete and are qualified in their entirety by reference
to the complete text of such amendments, which are filed with
this Current Report on Form 8-K as Exhibit 10.1, Exhibit 10.2 and
Exhibit 10.3.

The information set forth under Item 1.01 of this Current Report
on Form 8-K is incorporated herein by reference.

(d) Exhibits.

About MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

MACOM Technology Solutions Holdings, Inc. is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia. It also offers foundry services. It offered a portfolio of over 4,500 standard and custom devices, which include integrated circuits, multi-chip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components and complete subsystems, across more than 40 product lines serving three primary markets, as of September 30, 2016. The Company’s products are RF Power Products, Optoelectronics and Photonic Solutions, among others.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Recent Trading Information

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed its last trading session up +0.31 at 46.55 with 262,245 shares trading hands.