Financing ·
On June 30, 2026, Lattice Semiconductor Corporation entered into a Second Amended and Restated Credit Agreement with…
LSCCLattice Semiconductor Corp
On June 30, 2026, Lattice Semiconductor Corporation entered into a Second Amended and Restated Credit Agreement with Wells Fargo Bank and other lenders. The agreement provides a $200.0 million senior secured revolving loan facility for working capital and a $950.0 million senior secured delayed draw term loan facility specifically to fund the acquisition of AMI. The delayed draw commitment terminates by November 9, 2026, or upon the AMI acquisition's completion. Borrowings will bear interest based on either the base rate plus a margin of 0.00% to 0.75%, or term SOFR plus a margin of 1.00% to 1.75%, depending on the company's consolidated total leverage ratio. All obligations are secured by substantially all assets of the company and certain subsidiaries. Lattice Semiconductor is a semiconductor company that designs and sells low-power FPGA solutions.