MACOM Amends Credit Agreement Securing $250 Million in Incremental Term Loans

MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM), a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products, today announced it has entered into an amendment of its existing credit agreement dated May 8, 2014, in which the Company secured incremental term loans in an aggregate principal amount of $250 million. The incremental term loans bear an interest rate of LIBOR plus 3.75%.

Commenting on the credit agreement, John Croteau, MACOM's President and Chief Executive Officer, stated, “Access to incremental capital at favorable terms as part of this amended credit agreement provides MACOM with additional flexibility for general corporate purposes. In addition, this capital enables us to continue being opportunistic as we consider potential future acquisitions.”

Goldman Sachs Bank USA acted as Administrative Agent. Additional details about the amended credit agreement can be found in the Current Report on Form 8-K filed by the Company with the U.S. Securities and Exchange Commission today at www.sec.gov.

About MACOMMACOM enables a better-connected and safer world by delivering breakthrough semiconductor technologies for optical, wireless and satellite networks that satisfy society’s insatiable demand for information.

Today, MACOM powers the infrastructure that millions of lives and livelihoods depend on every minute to communicate, transact business, travel, stay informed and be entertained. Our technology increases the speed and coverage of the mobile Internet and enables fiber optic networks to carry previously unimaginable volumes of traffic to businesses, homes and datacenters.

Keeping us all safe, MACOM technology enables next-generation radars for air traffic control and weather forecasting, as well as mission success on the modern networked battlefield.

MACOM is the partner of choice to the world’s leading communications infrastructure, aerospace and defense companies, helping solve their most complex challenges in areas including network capacity, signal coverage, energy efficiency and field reliability, through its best-in-class team and broad portfolio of analog RF, microwave, millimeterwave and photonic semiconductor products.

MACOM is a pillar of the semiconductor industry, thriving for more than 60 years of daring to change the world for the better, through bold technological strokes that deliver true competitive advantage to customers and superior value to investors.

Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has design centers and sales offices throughout North America, Europe, Asia and Australia.

MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, Partners in RF & Microwave, and related logos are trademarks of MACOM. All other trademarks are the property of their respective owners. For more information about MACOM, please visit www.macom.com follow @MACOMtweets on Twitter, join MACOM on LinkedIn, or visit the MACOM YouTube Channel.

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Shelton GroupInvestor Relations Contacts:Leanne K. Sievers, 949-224-3874orBrett L. Perry, [e-mail]