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Bank of America Merrill Lynch Provides $10MM Revolver to CUI Global

April 22, 2019, 08:50 AM
Filed Under: Industry News

CUI Global, Inc. announced that it closed on a previously announced two-year revolving line of credit facility of up to $10.0 million with Bank of America Merrill Lynch. The new facility replaces the Company's existing $5.0 million U.S.-based revolver and UK-based overdraft facilities with more favorable terms.

CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc.'s digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets.

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