CommScope
CommScope is a network technology company that provides solutions and services for enterprise wireless networks.
Key facts
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| Legal Name | CommScope, Inc. |
|---|---|
| Company Operating Status | Active |
| Full Address | 1100 CommScope Place Southeast Hickory, NC 28602 United States |
| Stock Symbol | COMM |
| Wellfound ID | commscope-3 |
| Wikidata ID | Q5152057 |
Capital structure
$156m total debt
| Instrument | Coupon | Maturity | Amount | Source |
|---|---|---|---|---|
| Revolving Commitment ยท Senior Secured | โ | Feb 2004 | USD 50m | source โ |
| Term Loans ยท Senior Secured | โ | Feb 2004 | USD 106m | source โ |
| Debtor in Possession Financing ยท Super Priority | โ | โ | USD 5m | source โ |
Covenant analysis
| Covenant | Term | vs market | Source |
|---|---|---|---|
| Revolving Commitment Paydown ยท Financial Maintenance | Total Revolving Commitment shall remain unchanged through the Termination Date; Loan Parties shall not be required to pay down the Revolving Commitment but Lender shall not be required to make new advances | source โ | |
| Minimum Cash Flow Covenant ยท Financial Maintenance | Fourth quarter 2003 minimum cash flow requirement (specific threshold not stated) | source โ | |
| Forbearance Termination Date ยท Other | Forbearance expires on February 2, 2004 or upon filing of bankruptcy petition, whichever is earlier | source โ |