← LATTICE SEMICONDUCTOR CORP

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

Signed Jun 30, 2026

Committed
$1.15bn
Matures
Jun 2031
TrancheSizeMaturesMargin
Revolving Credit Facility$200mJun 2031100–175 bps
Delayed Draw Term Loan$950mJun 2031100–175 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level IGreater than or equal to 2.50 to 1.00175 bps25 bps
Level IIGreater than or equal to 2.00 to 1.00, but less than 2.50 to 1.00150 bps20 bps
Level IIIGreater than or equal to 1.50 to 1.00, but less than 2.00 to 1.00125 bps18 bps
Level IVLess than 1.50 to 1.00100 bps15 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level IGreater than or equal to 2.50 to 1.00175 bpsn/a
Level IIGreater than or equal to 2.00 to 1.00, but less than 2.50 to 1.00150 bpsn/a
Level IIIGreater than or equal to 1.50 to 1.00, but less than 2.00 to 1.00125 bpsn/a
Level IVLess than 1.50 to 1.00100 bpsn/a

Lenders: Wells Fargo Securities, LLC, Morgan Stanley Senior Funding, Inc., Morgan Stanley MUFG Loan Partners, LLC, BOFA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA), Inc., JPMorgan Securities LLC, KeyBank National Association, PNC Capital Markets LLC, The Bank of Nova Scotia, U.S. Bank National Association

Tested quarterlyHeadroom not yet measured4.00x
  • From Jun 30, 2027 · 3.50x
As of the last day of any fiscal quarter ending during the periods specified below (which dates shall be deemed to correspond to the fiscal quarter ending on or about such applicable date), permit the Consolidated Total Net Leverage Ratio to be greater than the corresponding ratio set forth below:
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured3.00x
As of the last day of any fiscal quarter ending after the Closing Date, permit the Consolidated Interest Coverage Ratio to be less than 3.00 to 1.00 [=3x].
Read the filing on sec.gov ↗

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