The Firm represented Morgan Stanley Senior Funding, Inc. and the other joint lead arrangers and joint bookrunners in connection with a $360,000,000 revolving credit facility (the "Credit Facility") entered into by Semtech Corporation ("Semtech") on July 6, 2026. The proceeds of the Credit Facility will be used for the working capital needs and general corporate purposes of Semtech and its subsidiaries, including, without limitation, refinancing of existing indebtedness and funding of transaction costs, permitted acquisitions and other permitted investments. The Credit Facility matures on July 6, 2031.
Semtech is a leading provider of high-performance semiconductors powering data center networking, Internet of Things (IoT) connectivity and cellular infrastructure solutions dedicated to delivering high-quality technology solutions that enable a smarter, more connected and sustainable planet.
The Simpson Thacher team included Daniel Kay, Matthew Farrell, Jee Young Kim and Toni Woods (Banking and Credit); Krista McManus and Helene Marie Snyder (Real Estate); Michael Mann (Tax); Courtney Welshimer, Paige Brinton and Dewey Kang (Intellectual Property); George Gerstein and Christopher Torikoglu (Executive Compensation and Employee Benefits); Jonathan Pall (Collateral); and Abram Ellis and Anais Bourbon (Regulatory).