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home / news releases / QCOM - Qualcomm enters into credit agreement


QCOM - Qualcomm enters into credit agreement

Qualcomm (QCOM) has replaced and restated credit agreement providing for $4.47B in aggregate senior unsecured revolving loans, maturing on December 8, 2025.Proceeds from the credit agreement will be used for working capital, capital expenditures and other general corporate purposes.The credit agreement is unsecured and is not expected to be guaranteed by any subsidiary of the company.Shares -5% in premarket as Apple begins work on in-house cellular modem.

For further details see:

Qualcomm enters into credit agreement
Stock Information

Company Name: QUALCOMM Incorporated
Stock Symbol: QCOM
Market: NASDAQ
Website: qualcomm.com

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