Daktronics Secures New Revolving Credit Facility to Replace Prior $75 Million Agreement
Daktronics Inc. has entered into a new revolving credit facility, replacing its prior $75 million senior credit facility. The new agreement, effective November 26, 2025, is part of the company’s broader strategy to refinance its existing credit arrangements. Daktronics and its subsidiary also established a security interest in substantially all of their personal property and assets to secure obligations under the new credit agreement. This move terminates the previous credit and security agreements dated May 11, 2023.
Daktronics Inc. has entered into a new revolving credit facility, replacing its prior $75 million senior credit facility. The new agreement, effective November 26, 2025, is part of the company’s broader strategy to refinance its existing credit arrangements. Daktronics and its subsidiary, Daktronics Installation, Inc., also entered into a new security agreement with the administrative agent, establishing a security interest in substantially all of the grantors’ personal property and assets to secure obligations under the new credit agreement. This move terminates the previous credit and security agreements dated May 11, 2023. 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. Daktronics 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: 0001628280-25-055114), on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
