Regulatory Intelligence – Technology Integrations
May 16, 2019
Venminder – Technology Integrations
May 16, 2019

Quantum Pays Off Remaining $57 Million of November 2017 Convertible Notes

SAN 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 is a leading expert in scale-out tiered storage, archive and data protection, providing solutions for capturing, sharing, managing and preserving digital assets over the entire data lifecycle. From small businesses to major enterprises, more than 100,000 customers have trusted Quantum to address their most demanding data workflow…