IDT amends TD Bank revolving credit facility, extends maturity to July 15, 2029
IDT Telecom, a subsidiary of IDT Corporation, signed an amendment dated August 11, 2026 to its revolving credit agreement with TD Bank, N.A. The amendment extends the facility, which was due to mature on August 16, 2026, to July 15, 2029, and raises the bank's lending limit in May and December, which could affect how much credit is available to the subsidiary during those months.
Key points
- Maturity of the revolving credit facility extended from August 16, 2026 to July 15, 2029.
- Revolving credit limit increased to $50.0 million in May and December of each calendar year, from $25.0 million in all other months.
- National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC added as corporate guarantors.
- Credit facility remains secured by assets of IDT Telecom and several affiliates; other material terms are unchanged.
The filing
Written by AI on Nov 9, 2026, 8:29 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 August 18, 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.