Autodesk enters $1.5 billion unsecured revolving credit facility maturing May 8, 2030
Autodesk entered a credit agreement on May 8, 2025, providing an unsecured revolving loan facility of $1.5 billion with Citibank, N.A. as administrative agent. The company had no outstanding revolving loans under the facility as of that date, and it terminated its existing credit agreement dated September 30, 2021, in connection with the new one.
Key points
- Unsecured revolving facility of $1.5 billion; no loans outstanding as of May 8, 2025
- Scheduled termination date of May 8, 2030; commitments can be increased up to $2.0 billion, no more than twice per calendar year
- Interest at Term SOFR plus a margin of 0.575% to 1.000%, depending on the company's public debt rating
- Maximum leverage ratio of 3.50:1.00 (Consolidated Covenant Debt to Consolidated EBITDA), with a temporary increase to 4.00:1.00 after certain acquisitions
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.