---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-042933"
form_type: "8-K"
ticker: "AMAT"
cik: "0000006951"
company_name: "APPLIED MATERIALS INC /DE"
filed_at: "2025-09-26T23:59:59+00:00"
generated_at: "2026-05-17T05:37:50.282985+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Applied Materials secures $2.0B 364-day revolving credit facility due Sept 2026

## Summary
- 364-day $2.0B unsecured revolving credit facility with Bank of America as administrative agent.
- Interest at Term SOFR plus 0.50%-1.00% or Base Rate option; commitment fees 0.04%-0.10% on undrawn.
- Financial covenant: minimum consolidated adjusted EBITDA to net interest expense ratio of 3.00x.
- Facility may be increased to $3.0B with lender consent; proceeds for general corporate purposes.
- No borrowings outstanding as of September 25, 2025.

## SEC filing metadata
- accession: 0001628280-25-042933
- form_type: 8-K
- ticker: AMAT
- cik: 0000006951
- company_name: APPLIED MATERIALS INC /DE
- filed_at: 2025-09-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/0001628280-25-042933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/amat-20250925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-042933
- JSON: https://secwatch.observer/filing/0001628280-25-042933.json
- Plain text: https://secwatch.observer/filing/0001628280-25-042933.txt

## Key facts
- Debt Financings
  APPLIED MATERIALS INC /DE incurred revolving credit of $2.0 billion with Bank of America, N.A. (as administrative agent) and the lenders party thereto at Term SOFR plus applicable margin ranging from 0.50% to 1.00% per annum, or alter maturing September 24, 2026.
  - Instrument: revolving credit
  - Principal: $2.0 billion
  - Counterparty: Bank of America, N.A. (as administrative agent) and the lenders party thereto
  - Rate: Term SOFR plus applicable margin ranging from 0.50% to 1.00% per annum, or alter
  - Maturity: September 24, 2026
  - Event: incurrence
  source text: On September 25, 2025, Applied Materials, Inc. (“Applied”) entered into a credit agreement (the “Credit Agreement”) for a 364-day $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto (collectively, the “Lenders”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000162828025042933/0001628280-25-042933-index.htm

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