Core Viewpoint - Applied Materials Inc. has secured a $2 billion unsecured revolving credit facility to strengthen its financial position and support corporate purposes [1][2][3]. Group 1: Financial Strengthening - The company can borrow up to $2 billion at any time, with a provision to increase the facility to a maximum of $3 billion if additional lender commitments are obtained [2]. - Borrowing under the credit facility will incur an interest rate based on the secured overnight financing rate (Term SOFR) plus a margin of 0.50% to 1.00% [3]. Group 2: Company Overview - Applied Materials provides advanced equipment, materials engineering services, and software essential for semiconductor and display manufacturers to produce chips and advanced displays [4]. - The company designs and builds manufacturing systems used to create virtually every new chip and flat panel display [4].