Truist Bank Provides Credit Facility to Teradyne

Choate represented Truist Bank as administrative agent and a lender in connection with a revolving credit facility to Teradyne, which designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, computing, communications, and aerospace and defense industries. Teradyne tests help improve and control product quality, measure performance, and increase yields. The loan proceeds will be used for working capital and general corporate purposes.