AMD secures new $5B credit facility, expands commercial paper program to $5.5B

Filed May 15, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

• high

  AMD replaced its 2022 credit agreement with a new five-year, $5 billion unsecured revolving facility through JPMorgan Chase, with no borrowings currently outstanding and no financial covenants required.

  Item 1.01 verify on EDGAR →
• high

  Stockholders approved adding 65 million shares to the 2023 Equity Incentive Plan, bringing total authorized shares to 153 million and increasing potential dilution for existing shareholders.

  Item 5.07 verify on EDGAR →
• medium

  Commercial paper program capacity increased from $3 billion to $5.5 billion, giving AMD more flexibility for short-term borrowing to fund general corporate purposes.

  Item 8.01 view on EDGAR →