---
schema_version: "secwatch.filing_event.v1"
accession: "0000004127-23-000012"
form_type: "8-K"
ticker: "SWKS"
cik: "0000004127"
company_name: "SKYWORKS SOLUTIONS, INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T06:00:54.945396+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Skyworks amends credit agreements to replace LIBOR with SOFR as benchmark rate

## Summary
- Entered First Amendment to Term Credit Agreement (May 21, 2021) to replace LIBOR with SOFR-based interest rate plus spread adjustment.
- Entered First Amendment to Revolving Credit Agreement to similarly replace LIBOR with SOFR-based rate.
- Effective March 6, 2023; Term SOFR switch effective date is earlier of June 30, 2023 or Benchmark Replacement Date.
- No changes to commitment amounts, maturity, or financial covenants disclosed.

## SEC filing metadata
- accession: 0000004127-23-000012
- form_type: 8-K
- ticker: SWKS
- cik: 0000004127
- company_name: SKYWORKS SOLUTIONS, INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4127/000000412723000012/0000004127-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4127/000000412723000012/swks-20230306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004127-23-000012
- JSON: https://secwatch.observer/filing/0000004127-23-000012.json
- Plain text: https://secwatch.observer/filing/0000004127-23-000012.txt

## Key facts
- Material Agreements
  SKYWORKS SOLUTIONS, INC. amended Revolver Amendment with JPMorgan Chase Bank, N.A. (effective 2023-03-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Effective: 2023-03-06
  source text: On March 6, 2023, the Company entered into a First Amendment (the “Revolver Amendment”) with JPMorgan Chase Bank, N.A., as the administrative agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/4127/000000412723000012/0000004127-23-000012-index.htm
- Material Agreements
  SKYWORKS SOLUTIONS, INC. amended Term Loan Amendment with JPMorgan Chase Bank, N.A. and other lenders (effective 2023-03-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. and other lenders
  - Effective: 2023-03-06
  source text: On March 6, 2023, Skyworks Solutions, Inc. (the “Company”) entered into a First Amendment (the “Term Loan Amendment”) with the lenders party thereto and JPMorgan Chase Bank, N.A., as the administrative agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/4127/000000412723000012/0000004127-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.