Market Overview

Ixia Announces Four-Year $150M Revolving Facility

Related XXIA
Ixia Started At 'Buy' By DA Davidson: Here's Why
Ixia Surges After Wunderlich Upgrades, As Product/Market Synergies Gain Traction
Make the Trend Your Friend: 5 Momentum Stocks Near 52-Week Highs (Zacks)

Ixia (Nasdaq: XXIA), a provider of test and monitoring solutions that optimize networks and data centers to accelerate and secure application delivery, announced today that it has secured a four-year, $150 million Senior Secured Revolving Credit Facility.

The credit facility includes an accordion option, which allows the company to increase the size of the facility by up to $50 million under certain circumstances, extending its total line of credit borrowing capability to $200 million.

Posted-In: News Financing


Related Articles (XXIA)

View Comments and Join the Discussion!

Get Benzinga's Newsletters