QLogic (QLGC) announced a new $125M unsecured revolving credit facility Friday. The deal was led...

|About: QLogic Corporation (QLGC)|By:, SA News Editor

QLogic (QLGC) announced a new $125M unsecured revolving credit facility Friday. The deal was led by JPMorgan. The company said it has no immediate plans to draw on the facility but noted that it does provide financial flexibility at "a very attractive interest rate."