Sandisk Corporation Amends Loan Agreement to Establish New Revolving Credit Facility

Details

The new facility refinances the existing commitments and includes interest rate options and a commitment fee. The amendment also includes conditions for the release of collateral and guarantees upon achieving certain investment grade corporate family ratings.

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About SanDisk Corporation

SanDisk Corporation is a technology hardware company specializing in NAND flash memory solutions for consumer, enterprise, and cloud storage markets. The company designs and manufactures flash memory chips through a vertically integrated model, producing most of its components via joint-venture manufacturing facilities in Japan. SanDisk Corporation repackages these chips into solid-state drives, memory cards, USB flash drives, and embedded storage used in smartphones, PCs, gaming devices, cameras, and data center infrastructure. Its products target original equipment manufacturers, cloud service providers, and retail consumers seeking reliable, high-performance storage. Operating within the broader technology and computer hardware sector, SanDisk Corporation plays a significant role in enabling data-intensive applications, supporting workloads such as high-speed computing, content creation, and large-scale cloud storage. Founded in the United States and headquartered in Milpitas, California, the company serves global markets through a combination of OEM partnerships, channel distributors, and direct-to-consumer sales.