SanDisk amends loan pact, refinancing USD 1.5 billion revolving credit facility led by JPMorgan Chase

Reuters2026/09/11 20:15

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SanDisk entered Amendment No. 1 to its loan agreement on Sept. 9, 2026 with lenders led by JPMorgan Chase as administrative agent.
Amendment refinanced the prior revolver with a USD 1.5 billion revolving credit facility maturing Sept. 9, 2031, with no amortization.
USD borrowings priced at adjusted SOFR plus 1.375% or base rate plus 0.375%, with margins tied to leverage or ratings.
Undrawn commitments carry a 0.175% fee; facility permits borrowings in euros, yen, and other agreed currencies.
Collateral and guarantees may be released upon achieving investment-grade corporate family ratings, subject to conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SanDisk Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-389293), on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SanDisk amends loan pact, refinancing USD 1.5 billion revolving credit facility led by JPMorgan Chase

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