Teradata refinances credit facility, repays $500M term loan, secures new $400M revolver

Filed June 24, 2026 · Period ending June 24, 2026 · ~1 min read

Key Changes

• high

  Teradata repaid its $500M term loan in full and replaced its 2022 credit agreement with a new $400M five-year unsecured revolving facility maturing June 2031, reducing debt obligations while maintaining liquidity access.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The new facility bears interest at a floating rate (base rate or SOFR) plus a margin of 0.00%–0.500% for base rate borrowings and 1.000%–1.500% for other borrowings, with pricing tied to Teradata's leverage ratio.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  The credit agreement includes standard covenants requiring maintenance of a leverage ratio and restrictions on subsidiary debt, liens, and fundamental corporate changes, providing lender protections within defined operational parameters.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →