secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2026-07-02T20:05:43+00:00
Accession:  0001193125-26-294488
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Analog Devices enters $3.0B 364-day revolving credit facility
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- $3.0B 364-day revolving credit facility, matures July 1, 2027, with annual extension option.
- Pricing based on debt ratings: facility fee 0.020%-0.075%, margin on SOFR loans 0.48%-0.925%.
- Includes multicurrency borrowing (USD, EUR, GBP, other approved currencies).
- Financial covenant: consolidated EBITDA/interest expense ratio ≥ 3.00x.
- Term-out option: can convert outstanding loans to 1-year term loan at 0.50% fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000119312526294488/0001193125-26-294488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000119312526294488/d112344d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-294488

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