03:30 PM EDT, 06/09/2025 (MT Newswires) -- Kulicke & Soffa Industries (KLIC) and its Singapore unit terminated a $150 million overdraft facility with MUFG Bank.

No early termination penalties were incurred for the facility originally established on Feb. 15, 2019, Kulicke & Soffa Industries said Monday in a regulatory filing.

Separately, the board of directors approved an amendment to the bylaws to declassify the board and transition to annual elections for all directors. The change will be phased in over four years, beginning with the 2026 annual meeting.

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