OSI Systems, Inc. (OSIS), a manufacturer of electronic systems and components, Wednesday said its senior secured credit facility has been amended to increase the borrowing capacity to $825 million from $750 million.
The revised facility comprising a $725 million revolving credit facility and a $100 million term loan, also allows for an extension of the maturity date to July 2030 from December 2026.
"The improved terms include a more favorable pricing structure, fewer and less restrictive covenants, an increased accordion feature, and an extended maturity date. This deal underscores the strength of our business and reflects the ongoing confidence of our long-standing and new lending partners. With these enhancements and our expected strong cash flow generation in fiscal 2026, we are well-positioned to invest in strategic initiatives and drive long-term value," said Alan Edrick, Executive Vice President and Chief Financial Officer of OSI Systems.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.