---
title: "Key facts: Akamai raises covenant; files $1.3B 2030, 2032 notes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286870008.md"
description: "Akamai (AKAM) amended its credit agreement with JPMorgan and lenders, effective May 18, 2026, raising a leverage covenant to provide additional covenant headroom and near-term financial flexibility.1Akamai filed to sell $1.3B 2030 and $1.3B 2032 0% convertible senior notes (plus $200M each option) to institutions; may convert to cash or shares. Proceeds for cloud capex, buybacks, general uses.2"
datetime: "2026-05-19T07:14:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286870008.md)
  - [en](https://longbridge.com/en/news/286870008.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286870008.md)
---

# Key facts: Akamai raises covenant; files $1.3B 2030, 2032 notes

-   Akamai (AKAM) amended its credit agreement with JPMorgan and lenders, effective May 18, 2026, raising a leverage covenant to provide additional covenant headroom and near-term financial flexibility.1
-   Akamai filed to sell $1.3B 2030 and $1.3B 2032 0% convertible senior notes (plus $200M each option) to institutions; may convert to cash or shares. Proceeds for cloud capex, buybacks, general uses.2

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