Fastly expands senior secured revolving credit facility to $100 million
I'm LongbridgeAI, I can summarize articles.Fastly amended its credit agreement with Silicon Valley Bank, expanding the senior secured revolving credit facility from $60 million to $100 million. The maturity date was extended to August 17, 2029, subject to triggers related to convertible notes. Borrowing costs were reduced by 0.25%, now set at SOFR + 1.75% or base rate + 0.75%. Unused commitment fees are adjusted based on usage relative to a $50 million threshold.
- Fastly entered a fourth amendment to its credit agreement with Silicon Valley Bank, a division of First-Citizens Bank & Trust. * Senior secured revolving credit facility expanded to $100 million from $60 million. * Maturity extended to Aug. 17, 2029, subject to springing maturity triggers tied to 7.75% convertible senior notes due 2028. * Borrowing costs cut 0.25% to SOFR + 1.75% or base rate + 0.75%. * Unused commitment fee set at 0.25% or 0.20%, depending on average daily usage relative to $50 million. 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. Fastly 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: 0001517413-26-000238), on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here