---
schema_version: "secwatch.filing_event.v1"
accession: "0000103730-23-000034"
form_type: "8-K"
ticker: "VSH"
cik: "0000103730"
company_name: "VISHAY INTERTECHNOLOGY INC"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T11:53:50.885533+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Vishay amends $750M credit facility, extends maturity to May 2028, shifts to SOFR

## Summary
- Revolving credit facility increased to $750M, maturity extended to May 8, 2028.
- Net leverage ratio (tested at ≥3.25x with up to $250M cash deduction) replaces total leverage ratio for covenant compliance.
- Current borrowing rate SOFR+1.60% (incl. spread); commitment fee on undrawn portion is 0.25% per annum.
- Facility now allows borrowings in EUR, GBP, JPY up to $250M aggregate limit.

## SEC filing metadata
- accession: 0000103730-23-000034
- form_type: 8-K
- ticker: VSH
- cik: 0000103730
- company_name: VISHAY INTERTECHNOLOGY INC
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103730/000010373023000034/0000103730-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103730/000010373023000034/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000103730-23-000034
- JSON: https://secwatch.observer/filing/0000103730-23-000034.json
- Plain text: https://secwatch.observer/filing/0000103730-23-000034.txt

## Key facts
- Debt Financings
  VISHAY INTERTECHNOLOGY INC incurred revolving credit of $750 million with JPMorgan Chase Bank, N.A. at SOFR plus 1.60% maturing May 8, 2028.
  - Instrument: revolving credit
  - Principal: $750 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 1.60%
  - Maturity: May 8, 2028
  - Event: incurrence
  source text: On May 8, 2023, Vishay Intertechnology, Inc. (“Vishay” or the “Company”) entered into an Amendment and Restatement Agreement with a consortium of banks led by JPMorgan Chase Bank, N.A., as administrative agent, and the lenders (the "Amended and Restated Credit Facility"), which provides an aggregate commitment of $750 million of revolving loans available until May 8, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103730/000010373023000034/0000103730-23-000034-index.htm
- Material Agreements
  VISHAY INTERTECHNOLOGY INC entered into Amended and Restated Credit Facility with a consortium of banks led by JPMorgan Chase Bank, N.A., as administrative agent valued at $750 million (effective 2023-05-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: a consortium of banks led by JPMorgan Chase Bank, N.A., as administrative agent
  - Value: $750 million
  - Effective: 2023-05-08
  source text: On May 8, 2023, Vishay Intertechnology, Inc. ("Vishay" or the "Company") entered into an Amendment and Restatement Agreement with a consortium of banks led by JPMorgan Chase Bank, N.A., as administrative agent, and the lenders (the "Amended and Restated Credit Facility"), which provides an aggregate commitment of $750 million of revolving loans available until May 8, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103730/000010373023000034/0000103730-23-000034-index.htm

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