iGATE enters Into a new credit agreement

iGATE Corporation in a release says that it has entered into a credit agreement (the "Credit Facility") for a secured term loan facility with DBS Bank Ltd and ING Bank N.V., Singapore (the lenders) with ING Bank N.V., Singapore, as security agent (the "Security Agent"). The Company, along with several of its 100% owned subsidiaries, has entered into a Guaranty (the "Guaranty") with the Security Agent, under which the Company has guaranteed all of the obligations of Pan-Asia under the Credit Facility.