GLOBALFOUNDRIES entered a senior unsecured revolving Credit agreement with a $1,500,000,000 commitment, maturing August 21, 2031, replacing facilities due October 13, 2026. The borrowing capacity is designated for general corporate purposes, while the former agreement had no outstanding amounts when terminated, giving investors the stated financing structure and use.

Key Highlights

  • GLOBALFOUNDRIES entered a senior unsecured revolving credit agreement with an aggregate commitment of $1,500,000,000.
  • The new revolving Facility was entered on August 21, 2026, and matures on August 21, 2031.
  • Both facilities under the previous agreement had an October 13, 2026 Maturity date and were terminated.

New Credit Agreement

GLOBALFOUNDRIES Inc. (NASDAQ: GFS) entered a senior unsecured revolving credit agreement on August 21, 2026. The agreement has an aggregate commitment of $1,500,000,000, establishing the key financial size of the new revolving facility described in the article.

The agreement is identified as senior and unsecured, and it is structured as a revolving credit facility. The article provides the commitment amount, entry date, and maturity date as the central terms of this financing arrangement.

Aggregate Commitment

The aggregate commitment under the new revolving credit agreement is $1,500,000,000. This amount represents the total commitment specified for the facility in the article.

The commitment is associated with GLOBALFOUNDRYS’ new senior unsecured revolving credit agreement. No additional commitment amounts or separate components of the facility are identified in the article.

Agreement Date

The new revolving credit agreement was entered on August 21, 2026. That date marks the entry into the financing arrangement described by GLOBALFOUNDRIES.

The article presents August 21, 2026, as the date connected with the new facility. It does not provide another entry date for the agreement or identify any different date for the commitment.

Facility Maturity

The new revolving facility matures on August 21, 2031. This is the stated maturity date for the $1,500,000,000 facility entered by GLOBALFOUNDRIES.

The maturity date is specified as part of the new facility’s terms.

Previous Agreement

The article states that both facilities under the previous agreement had an October 13, 2026 maturity date. It also states that both of those facilities were terminated.

The previous agreement is therefore described through its two facilities, their shared maturity date, and their termination.

Facility Comparison

The new facility has an aggregate commitment of $1,500,000,000 and matures on August 21, 2031. By contrast, both facilities under the previous agreement had an October 13, 2026 maturity date and were terminated.

These are the specific distinctions provided in the article between the new revolving credit agreement and the previous agreement’s facilities. No other differences, financial terms, or purposes are stated.

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Source(s)

  • https://www.sec.gov/Archives/edgar/data/1709048/000170904826000225/gf-igrcfxclosing6xkdraft82.htm