ILLUMINA, INC. 8K

Illumina, Inc. entered into a new $1 billion unsecured revolving credit agreement on August 13, 2026, with Bank of America as administrative agent and a syndicate of banks, replacing its existing 2023 facility and establishing updated terms, covenants, and pricing tied to its credit ratings.

Illumina, Inc. entered into a new unsecured syndicated credit agreement dated August 13, 2026, under which Bank of America, N.A. acts as administrative agent, issuing bank, and swingline lender, with JPMorgan Chase Bank, Citibank, and Goldman Sachs participating in various agency and bookrunner roles, providing the company with a $1,000,000,000 revolving credit facility including swingline loans and letters of credit, an expansion option, and an extension of maturity feature, all subject to customary representations, covenants, events of default, and pricing based on Illumina’s debt ratings. The agreement replaces the company’s prior January 4, 2023 credit facility and includes detailed provisions on commitments, borrowing procedures, interest rate determinations (including Term SOFR and alternate base rate mechanics), financial covenants (including a leverage-based covenant using Consolidated Total Indebtedness and Consolidated EBITDA), negative covenants on subsidiary indebtedness, liens, and fundamental changes, and standard administrative provisions on assignments, agency roles, and bail-in and QFC acknowledgments.

Filing Facts

CIK

1110803

Ticker

ILMN

Form

8K

Source Type

sec

Accession

0000950157-26-000888

Alert Tier

7