---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-162068"
form_type: "8-K"
ticker: "ILMN"
cik: "0001110803"
company_name: "ILLUMINA, INC."
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:02:45.949882+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Illumina enters $750M 364-day delayed draw credit facility for GRAIL divestiture funding

## Summary
- Credit facility of $750 million entered June 17, 2024, with JPMorgan as administrative agent.
- Proceeds to fund GRAIL's balance sheet in connection with planned GRAIL divestiture.
- Facility expected to be drawn in full on June 20, 2024, maturing June 19, 2025.
- Interest rate variable: currently approx 6.70%; based on SOFR or base rate plus spread.
- No borrowings outstanding as of filing; covenant includes max total leverage ratio.

## SEC filing metadata
- accession: 0001193125-24-162068
- form_type: 8-K
- ticker: ILMN
- cik: 0001110803
- company_name: ILLUMINA, INC.
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110803/000119312524162068/0001193125-24-162068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110803/000119312524162068/d840320d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-162068
- JSON: https://secwatch.observer/filing/0001193125-24-162068.json
- Plain text: https://secwatch.observer/filing/0001193125-24-162068.txt

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