Marvell Technology Doubles Revolving Credit Facility to $3 Billion

• Marvell Technology entered a $3 billion amended revolving credit agreement on October 22, 2026, with Bank of America as administrative agent.
• The facility replaces a $1.5 billion revolver; commitments may increase by up to $2 billion, subject to conditions.
• Loans mature five years from the effective date, with a conditional one-year extension available.
• SOFR loans carry ratings-based margins of 0.88%–1.5%; alternate base rate loan margins range from 0% to 0.5%.
• The leverage limit is 4:1, temporarily increasing to 4.5:1 for acquisitions of at least $500 million, subject to conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marvell Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-430424), on October 23, 2026, and is solely responsible for the information contained therein.