Teledyne amends credit agreement, removing 0.10% SOFR adjustment feature
Teledyne entered into a First Amendment to its Second Amended and Restated Credit Agreement on February 25, 2026, with Bank of America, N.A. as administrative agent. The amendment removes the Secured Overnight Financing Rate (SOFR) adjustment feature, which the original agreement set at 0.10% (ten basis points). The filing is a administrative change to loan terms and does not report any new borrowing amounts or financial results.
Key points
- Amendment dated February 25, 2026, to the credit agreement originally dated June 10, 2024
- Eliminates the SOFR adjustment feature, which was 0.10% (ten basis points) in the original agreement
- Bank of America, N.A. serves as administrative agent, swing line lender and L/C issuer
The filing
Written by AI on Nov 8, 2026, 1:10 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 February 26, 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.