On July 2, 2026, Analog Devices, Inc. entered into a revolving credit agreement providing a 364-day revolving credit facility with an aggregate principal amount not exceeding $3.0 billion. Bank of America, N.A. serves as the administrative agent, with participation from several other financial institutions including Citibank, JPMorgan Chase Bank, and Barclays Bank PLC. The facility expires on July 1, 2027, but allows for annual extensions and the option to convert outstanding loans into a non-amortizing term loan. Interest rates are based on Term SOFR plus a margin ranging from 0.48% to 0.925% or the Base Rate. The agreement includes a requirement to maintain a consolidated EBITDA to consolidated interest charges ratio of at least 3.00 to 1.00. Analog Devices, Inc. is a semiconductor company.
