Semtech upsizes credit facility by $117.5M to $455M and repays $10M term loan

SEMTECH CORP

Revolving credit facility increased by $117.5M to $455M; financial covenants unchanged.
Three new lenders joined the lending group; facility partially replaces capacity that matured Nov 7, 2024.
Repaid $10M on term loan using operating cash flow in Q1 FY2026, consistent with deleveraging priority.
Facility remains undrawn except for $2.9M in outstanding letters of credit.
No other material terms of the existing credit agreement were modified.

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