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Quantum Pays Off Remaining $57 Million of November 2017 Convertible NotesSAN JOSE, Calif., Nov. 16, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it has fully repaid the $57 million in outstanding principal and accrued interest on its November 2017 convertible notes. The company used loan proceeds from its credit facilities with TCW Direct Lending and PNC Bank to make the payment. About Quantum Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners. Contact: Brinlea Johnson or Allise Furlani
View original content with multimedia:http://www.prnewswire.com/news-releases/quantum-pays-off-remaining-57-million-of-november-2017-convertible-notes-300558101.html SOURCE Quantum Corp. |