Teradata signs $400 million revolving credit facility, replacing 2022 agreement
Teradata entered a five-year, unsecured $400 million revolving credit agreement with Bank of America, N.A. as administrative agent, which replaces its 2022 credit agreement. The term loan outstanding under the prior agreement was repaid in full. The filing states the new facility matures June 24, 2031, and the company's prior agreement terms were substantially similar.
Key points
- Five-year unsecured revolving facility of up to $400 million, maturing June 24, 2031, with possible extensions of up to two one-year periods by mutual agreement
- Teradata may request up to $200 million of additional facility capacity, subject to lenders agreeing to provide it
- Interest is floating, with margins of 1.000% to 1.500% for non-base-rate borrowings, based on Teradata's leverage ratio
- Outstanding term loan under the 2022 Prior Agreement was repaid in full in connection with the new agreement
The filing
Written by AI on Nov 8, 2026, 1:49 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 24, 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.