Teradata signs USD 400 million five-year revolving credit facility with Bank of America-led lenders
Complete. Here is the key summaryTeradata has signed a new five-year unsecured revolving credit facility with Bank of America-led lenders, providing up to USD 400 million. The facility, maturing on June 24, 2031, includes provisions for standby letters of credit and swingline loans. It replaces the previous 2022 agreement, under which a USD 500 million term loan was fully repaid. Teradata retains the option to increase commitments by up to USD 200 million.
- Teradata entered a new five-year unsecured revolving credit facility with Bank of America as administrative agent for up to USD 400 million. * Facility includes USD 50 million for standby letters of credit, USD 50 million for swingline loans; maturity set for June 24, 2031. * Agreement replaces the 2022 credit agreement; the USD 500 million term loan under the prior facility was repaid in full. * Interest floats off a base rate or SOFR-based rate; margins range from 0% to 0.5% or 1% to 1.5% based on leverage. * Company can seek up to USD 200 million in additional commitments; may designate up to USD 100 million in GBP, EUR, or JPY. 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. Teradata Corporation 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: 0001140361-26-026267), on June 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here