Intersil Corporation Announces $325 Million Credit Agreement
MILPITAS, CA — (Marketwire) — 09/01/11 — Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high performance analog and mixed signal semiconductors, announced today that it has executed a new five year $325 million revolving credit agreement, which replaces the current long-term debt. The after-tax interest rate will be approximately two percent."Our business model and history of strong free cash flow allowed us to obtain very favorable terms," sa