Autodesk, Inc. 8K

Autodesk, Inc. entered into a $1.0 billion 364‑day term loan credit agreement to provide committed financing for its pending acquisition of MaintainX Inc. and related transactions.

Autodesk, Inc. entered into a new $1,000,000,000 364‑day term loan credit agreement dated June 15, 2026 with a syndicate of lenders and Citibank, N.A. as administrative agent, arranged by Morgan Stanley Senior Funding, Inc., Citibank, N.A., and BNP Paribas Securities Corp., to provide committed financing primarily in connection with Autodesk’s planned acquisition of MaintainX Inc. (the “Matterhorn Acquisition”) and related Matterhorn Transactions. The agreement sets out terms for SOFR- and base rate-based borrowings, an availability period tied to the Matterhorn Acquisition timeline, covenants including a financial leverage covenant based on Consolidated Covenant Debt and Consolidated EBITDA, mandatory prepayment and reduction provisions linked to specified Reduction/Prepayment Amounts and Net Cash Proceeds, customary events of default, and mechanics for benchmark transition, lender replacement, and assignments. The facility is separate from Autodesk’s existing $2,000,000,000 credit agreement and is structured as a “certain funds” bridge-type term loan to fund the Matterhorn Acquisition consideration and related fees and expenses, with the commitments terminating if the acquisition is abandoned, terminated, or completed without drawing on this facility.

Filing Facts

CIK

769397

Ticker

ADSK

Form

8K

Source Type

sec

Accession

0001213900-26-068533

Alert Tier

7