secwatch.observer — SEC 8-K summary
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Issuer:     QUALCOMM INC/DE (QCOM)
CIK:        0000804328
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0000804328-24-000061
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qualcomm enters $4.0B revolving credit facility due 2029, replaces prior facility
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- $4.0B unsecured revolving credit facility matures August 8, 2029.
- Replaces 2020 facility scheduled to expire Dec 2025; no borrowings outstanding.
- Initial interest: Term SOFR +0.81% or Base Rate; facility fee 0.065% based on debt ratings.
- Proceeds for working capital, capex, general corporate purposes.
- Requires consolidated interest coverage ratio >= 3.00x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/804328/000080432824000061/0000804328-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/804328/000080432824000061/qcom-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000804328-24-000061

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