AI brief of an SEC Form 8-K · Autodesk (ADSK)

Autodesk raises revolver to $2 billion, adds $1.0 billion term loan for MaintainX

Neutral Impact 3 of 5 financing Written later

Autodesk amended its unsecured revolving credit facility on June 15, 2026, raising its commitments from $1.5 billion to $2 billion and easing borrowing conditions for up to $1.0 billion used at closing of its MaintainX acquisition. The company also signed a $1.0 billion, 364-day delayed draw term loan with Citibank, limited to funding that acquisition, which adds new borrowing capacity tied to the deal. The filing does not state the acquisition price or the company's current debt balance.

Key points

  • Revolving credit facility increased from $1.5 billion to $2 billion, effective June 15, 2026
  • $1.0 billion unsecured term loan, delayed draw and limited to funding the MaintainX acquisition closing, matures 364 days after closing
  • Term loan SOFR margin of 0.625% to 1.125%, depending on the company's public debt rating
  • Ticking fee of 0.050% to 0.125% per annum on undrawn term loan commitments, starting 120 days after June 15, 2026

The filing

CompanyAutodesk (ADSK)
Form8-K, current report
Filed with the SECJun 15, 2026, 9:13 AM ET
Accession number0001213900-26-068533

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

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 June 15, 2026.

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.