Sandisk Secures $1.5 Billion Revolving Credit Facility Led by JPMorgan, Matures 2031
Sandisk entered into Amendment No. 1 to its Loan Agreement, establishing a secured $1.5 billion multi-currency revolving credit facility that refinances its prior revolver. The facility bears interest at Adjusted Term SOFR or Daily Simple SOFR plus a margin starting at 1.375%, or a base rate plus 0…