AMD enters new $5 billion unsecured revolving credit facility, replacing prior agreement

Jpmorgan Chase
Advanced Micro Devices, Inc.

Jpmorgan Chase

JPM

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Advanced Micro Devices, Inc.

AMD

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  • AMD entered a new credit agreement on May 14, 2026, setting up a five-year USD 5 billion unsecured revolving credit facility led by JPMorgan Chase as administrative agent.
  • Facility replaces AMD 2022 revolving credit agreement, which was terminated with all remaining lender commitments cancelled.
  • Revolver allows up to USD 250 million for letters of credit; no borrowings were outstanding at closing.
  • Separately, AMD raised maximum outstanding amount under its unsecured commercial paper program to USD 5.5 billion from USD 3 billion; maturities capped at 397 days.


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