--- title: "Extreme Networks enters $500 million five-year revolving credit facility led by JPMorgan Chase" type: "News" locale: "en" url: "https://longbridge.com/en/news/294357101.md" description: "Extreme Networks secured a $500 million, five-year revolving credit facility led by JPMorgan Chase, maturing in July 2031. The new agreement replaced prior debt, with $200 million drawn at closing and $300 million remaining available. Pricing is linked to SOFR or base rates, and the facility is secured by substantially all assets, subject to leverage and interest-coverage covenants." datetime: "2026-07-30T11:36:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294357101.md) - [en](https://longbridge.com/en/news/294357101.md) - [zh-HK](https://longbridge.com/zh-HK/news/294357101.md) generator: "portal-rs" --- # Extreme Networks enters $500 million five-year revolving credit facility led by JPMorgan Chase - Extreme Networks entered a new credit agreement on July 29, 2026 for a 5-year USD 500 million revolving loan facility led by JPMorgan Chase. \* The facility replaced the company’s prior credit agreement; borrowings were used to repay the existing debt, fees, and expenses. \* USD 200 million was drawn at closing, leaving USD 300 million of remaining revolving commitments available. \* Pricing is tied to either adjusted term SOFR or an alternate base rate, with margins ranging from 1.25% to 2% or 0.25% to 1%. \* The facility matures July 29, 2031; it is secured by substantially all assets and includes leverage and interest-coverage covenants. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Extreme Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-324888), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [EXTR.US](https://longbridge.com/en/quote/EXTR.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [JPX.US](https://longbridge.com/en/quote/JPX.US.md) - [JPMO.US](https://longbridge.com/en/quote/JPMO.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Suja Life enters amended, restated credit agreement with JPMorgan Chase Bank](https://longbridge.com/en/news/296530798.md) - [JPMorgan drops below 5% voting rights stake in Exail Technologies](https://longbridge.com/en/news/296903675.md) - [Extreme Networks CFO Kevin Rhodes reports sale of 21,825 common shares worth $486,697.5](https://longbridge.com/en/news/296655554.md) - [JP Morgan raises Fleury stake to 5.01% in shareholding disclosure](https://longbridge.com/en/news/296830195.md) - [3M signs USD 4.25 billion five-year revolving credit facility with JPMorgan Chase-led banks](https://longbridge.com/en/news/296352553.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**