Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
SILICON LABORATORIES INC. amended revolving credit with Wells Fargo Bank, National Association at Adjusted Term SOFR rate plus an applicable margin or base rate plus an applicabl maturing five years from the closing date.
- Instrument
- revolving credit
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- Adjusted Term SOFR rate plus an applicable margin or base rate plus an applicabl
- Maturity
- five years from the closing date
- Event
- amendment
Exact text from the filing
extend the maturity date of the revolving credit facility (the “Revolving Credit Facility”) to five years from the closing date, (ii) provide that (A) the Revolving Credit Facility, other than swingline loans, will bear interest at the Adjusted Term SOFR rate plus an applicable margin or, at the option of the Company, the base rate (defined as the highest of the Wells Fargo prime rate, the Federal Funds rate plus 0.50% and the Adjusted Term SOFR plus 1.00%) plus an applicable margin
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SILICON LABORATORIES INC. amended Fifth Amendment to Credit Agreement with Wells Fargo Bank, National Association valued at Fifth Amendment to Credit Agreement (effective 2023-06-30).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Value
- Fifth Amendment to Credit Agreement
- Effective
- 2023-06-30
Exact text from the filing
On June 30, 2023, Silicon Laboratories Inc. (the “Company”) entered into the Fifth Amendment to Credit Agreement (the “Fifth Credit Agreement Amendment”) with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and a syndicate of lenders.
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