On June 17, 2024, Illumina, Inc. entered into a 364-day delayed draw credit agreement with lenders and JPMorgan Chase Bank, N.A. as the administrative agent. The agreement provides Illumina with a senior unsecured term loan credit facility of up to $750 million, available for drawdown until May 5, 2025, or earlier under certain conditions related to the GRAIL Transactions. The credit facility, which may be drawn in full on June 20, 2024, carries a variable interest rate and is intended to fund the company's planned divestment of GRAIL, LLC. Illumina is subject to financial and operating covenants, including a maximum total leverage ratio and restrictions on subsidiary indebtedness, asset liens, and asset disposition. The company can prepay the loan without penalty, and as of the report date, no borrowings were outstanding. The credit facility is expected to mature on June 19, 2025.

On June 17, 2024, Illumina, Inc. entered into a 364-day delayed draw credit agreement with lenders and JPMorgan Chase Bank, N.A. as the administrative agent. The agreement provides Illumina with a senior unsecured term loan credit facility of up to $750 million, available for drawdown until May 5, 2025, or earlier under certain conditions related to the GRAIL Transactions. The credit facility, which may be drawn in full on June 20, 2024, carries a variable interest rate and is intended to fund the company's planned divestment of GRAIL, LLC. Illumina is subject to financial and operating covenants, including a maximum total leverage ratio and restrictions on subsidiary indebtedness, asset liens, and asset disposition. The company can prepay the loan without penalty, and as of the report date, no borrowings were outstanding. The credit facility is expected to mature on June 19, 2025.