Analog Devices secures $3.0 billion revolving credit facility with 364-day term

Filed July 2, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• medium

  ADI entered a $3.0 billion revolving credit facility expiring July 1, 2027, with Bank of America as administrative agent and a syndicate of major banks, providing substantial short-term liquidity for general corporate purposes.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The facility requires ADI to maintain a minimum interest coverage ratio of 3.00x (consolidated EBITDA to consolidated interest charges) starting with the first fiscal quarter after closing.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• low

  Interest rates are based on Term SOFR plus a margin of 0.48% to 0.925% depending on debt ratings, with facility fees of 0.020% to 0.075% on total commitments; multicurrency borrowing is available.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →