← Autodesk, Inc.

TERM LOAN CREDIT AGREEMENT

When the limit steps, and which way the company's ratio has been moving.

20263.84x2.35x0.85xToday

Signed Jun 15, 2026

Committed
$1bn
Matures
n/a
TrancheSizeMaturesMargin
Delayed draw term loan$1bnn/a63–113 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level Level 1A+ / A1 / A+ or above63 bpsn/a
Level Level 2A / A2 / A75 bpsn/a
Level Level 3A- / A3 / A-88 bpsn/a
Level Level 4BBB+ / Baa1 / BBB+100 bpsn/a
Level Level 5BBB / Baa2 / BBB or below113 bpsn/a
Level Level 1 (fee)A+ / A1 / A+ or aboven/a5 bps
Level Level 2 (fee)A / A2 / An/a7 bps
Level Level 3 (fee)A- / A3 / A-n/a8 bps
Level Level 4 (fee)BBB+ / Baa1 / BBB+n/a10 bps
Level Level 5 (fee)BBB / Baa2 / BBB or belown/a13 bps

Lenders: MORGAN STANLEY SENIOR FUNDING, INC., CITIBANK, N.A., BNP PARIBAS SECURITIES CORP., Morgan Stanley Bank, N.A., Citibank, N.A., BNP Paribas, Bank of America, N.A., U.S. Bank National Association, JPMorgan Chase Bank, N.A., MUFG Bank, Ltd., Royal Bank of Canada, Wells Fargo Bank, National Association

Tested quarterly55.4%ratio 1.56x, estimated, vs 3.50x limit in force at Jul 31, 20263.50x
the Borrower will not permit, as of the last day of any fiscal quarter of the Borrower, commencing with the fiscal quarter ending July 31, 2025, the ratio of (i) Consolidated Covenant Debt as of such day to (ii) Consolidated EBITDA for the four consecutive fiscal quarters of the Borrower ending on such day (such ratio, the “Leverage Ratio”), to exceed 3.50:1.00
Read the filing on sec.gov ↗

Download CSV · Download JSON

Amendments

No amendments on file yet.

Report an error