---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-049203"
form_type: "8-K"
ticker: "ALGM"
cik: "0000866291"
company_name: "ALLEGRO MICROSYSTEMS, INC."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T11:32:01.539164+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Allegro MicroSystems allocates $250M incremental term loan to refinance debt and fund merger

## Summary
- $250M incremental term loan maturing 2030; amortizes at 1% per annum.
- Proceeds to refinance all existing term loans from 2020 and finance the previously announced merger of Silicon Structures LLC into Crocus Technology International Corp.
- Initial margin: 2.75% over SOFR for term loans, 1.75% over base rate.
- Loan expected to close concurrently with the merger, subject to definitive documentation and conditions.
- No assurance that the transactions will close on the described terms or at all.

## SEC filing metadata
- accession: 0000950170-23-049203
- form_type: 8-K
- ticker: ALGM
- cik: 0000866291
- company_name: ALLEGRO MICROSYSTEMS, INC.
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866291/000095017023049203/0000950170-23-049203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866291/000095017023049203/algm-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-049203
- JSON: https://secwatch.observer/filing/0000950170-23-049203.json
- Plain text: https://secwatch.observer/filing/0000950170-23-049203.txt

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