Applied Materials Enters Material Definitive Agreement

TL;DR

AMAT signed a big deal, expect financial moves.

AI Summary

On September 25, 2025, Applied Materials, Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is based in Santa Clara, CA, and its fiscal year ends on October 26.

Why It Matters

This filing signals a significant new contract or financial commitment for Applied Materials, which could impact its future financial performance and operational strategy.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent business risks.

Key Players & Entities

• Applied Materials, Inc. (company) — Registrant
• September 25, 2025 (date) — Date of earliest event reported
• Santa Clara, CA (location) — Company Business Address
• October 26 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $2.0 billion — (the "Credit Agreement") for a 364-day $2.0 billion revolving credit facility with Bank of
• $3.0 b — volving credit facility to no more than $3.0 billion, subject to the receipt of commit

Filing Documents

• amat-20250925.htm (8-K) — 33KB
• exhibit101creditagreement9.htm (EX-10.1) — 608KB
• 0001628280-25-042933.txt ( ) — 866KB
• amat-20250925.xsd (EX-101.SCH) — 2KB
• amat-20250925_lab.xml (EX-101.LAB) — 22KB
• amat-20250925_pre.xml (EX-101.PRE) — 13KB
• amat-20250925_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 25, 2025, Applied Materials, Inc. ("Applied") entered into a credit agreement (the "Credit Agreement") for a 364-day $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent (the "Administrative Agent"), and the lenders party thereto (collectively, the "Lenders"). The Credit Agreement provides for unsecured borrowings in an initial amount not to exceed $2.0 billion outstanding at any one time. The Credit Agreement includes a provision under which Applied may increase the total amount of the revolving credit facility to no more than $3.0 billion, subject to the receipt of commitments from one or more Lenders for any such increase and other customary conditions. Borrowings under the Credit Agreement will bear interest, at Applied's option, at a rate per annum equal to either (1) the secured overnight financing rate ("Term SOFR") for the selected interest period, plus the applicable margin, which will range from 0.50% to 1.00% depending on Applied's public debt credit ratings, or (2) a rate equal to the highest of (a) a rate that is 0.50% higher than the federal funds effective rate (as the Federal Reserve Bank of New York shall set forth on its public website), (b) the rate publicly announced by the Administrative Agent as its prime rate, (c) Term SOFR for a one-month interest period plus 1.0%, and (d) 1.0%. In addition, the Credit Agreement requires Applied to pay commitment fees on the unused commitments under the Credit Agreement ranging, depending on Applied's public debt credit ratings, from 0.04% to 0.10% per annum and customary agency fees. The Credit Agreement contains certain affirmative and negative covenants customary for credit facilities of this type. The Credit Agreement also contains a financial covenant that requires Applied to maintain as of the last day of each fiscal quarter a ratio of (i) consolidated adjusted EBITDA for the four fiscal quarter

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Credit Agreement, dated as of September 25, 2025, among Applied Materials, Inc., Bank of America, N.A., as administrative agent, and the other lenders named therein 104 Cover Page Interactive Data File (formatted as inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Applied Materials, Inc. (Registrant) Date: September 26, 2025 By: /s/ Teri A. Little Teri A. Little Senior Vice President, Chief Legal Officer and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR