• Semtech entered a new credit agreement on July 6, 2026, establishing a USD 360 million revolving credit facility that was undrawn at closing.
• The revolver matures July 6, 2031, with a springing maturity tied to the 0% Convertible Senior Notes due 2030 under specified conditions.
• Pricing is SOFR-based or prime-based, with margins ranging from 1.25% to 2% depending on total net leverage.
• Proceeds are earmarked for working capital, general corporate purposes, refinancing existing debt, permitted acquisitions, investments, transaction costs.
• The prior 2022 JPMorgan-led credit agreement was terminated and repaid; the new facility is guaranteed by most domestic subsidiaries and secured by substantially all assets.

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. Semtech 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: 0000088941-26-000022), on July 06, 2026, and is solely responsible for the information contained therein.