Lam Research upsizes revolver to $2.0B, extends maturity to 2030

LAM RESEARCH CORP

New $2.0B unsecured revolving credit facility replaces prior $1.5B facility.
Expansion option permits increase up to $2.75B subject to conditions.
Facility matures January 25, 2030; no amounts drawn as of Jan 27, 2025.
Covenant: consolidated funded debt / adjusted EBITDA ≤ 3.50x (4.00x for acquisitions).
Interest based on credit ratings; Term SOFR + 0.70%-1.10% or base rate + 0%-0.10%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.