debt
confidence high
sentiment neutral
materiality 0.40
KLA replaces 2022 revolver with $1.5B 5-year sustainability-linked facility
KLA CORP
- New $1.5B unsecured revolving credit facility matures July 3, 2030; replaces June 2022 facility.
- Facility includes sustainability-linked pricing tied to greenhouse gas and renewable energy targets.
- Interest spreads range from 0.625% to 1.00% over Term SOFR based on credit ratings.
- Commitment fee ranges from 0.04% to 0.10% on undrawn amount; facility can be increased by up to $500M.
- No revolving loans were outstanding under the prior facility at termination.
item 1.01item 1.02item 2.03item 9.01