---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-102841"
form_type: "8-K"
ticker: "ADI"
cik: "0000006281"
company_name: "ANALOG DEVICES INC"
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:38:33.585983+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Analog Devices establishes $2.5B commercial paper program for general corporate purposes

## Summary
- Maximum aggregate face amount outstanding at any time is $2.5 billion, issued as short-term unsecured notes.
- Notes may not exceed 397 days maturity; sold at discount or par with interest at issuance rates.
- Initially four commercial paper dealers; no notes issued as of April 14, 2023.
- Proceeds intended for general corporate purposes including debt repayment, stock repurchases, acquisitions, capex, working capital.

## SEC filing metadata
- accession: 0001193125-23-102841
- form_type: 8-K
- ticker: ADI
- cik: 0000006281
- company_name: ANALOG DEVICES INC
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6281/000119312523102841/0001193125-23-102841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6281/000119312523102841/d461108d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-102841
- JSON: https://secwatch.observer/filing/0001193125-23-102841.json
- Plain text: https://secwatch.observer/filing/0001193125-23-102841.txt

## Key facts
- Debt Financings
  ANALOG DEVICES INC incurred debt of up to a maximum aggregate face amount of $2.5 billion outstanding at any time at At a discount from par or at par and bear interest at rates determined at the ti maturing may not exceed 397 days from the date of issuance.
  - Principal: up to a maximum aggregate face amount of $2.5 billion outstanding at any time
  - Rate: At a discount from par or at par and bear interest at rates determined at the ti
  - Maturity: may not exceed 397 days from the date of issuance
  - Event: incurrence
  source text: exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), in an amount up to a maximum aggregate face amount of $2.5 billion outstanding at any time. Amounts available under the CP Program may be borrowed, repaid, and re-borrowed from time to time. The Company intends to use the net proceeds of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/6281/000119312523102841/0001193125-23-102841-index.htm

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