DIGI INTERNATIONAL INC

$350m committed across 1 active facility, next covenant test Sep 30, 2026. DGII

Computer Communications Equipment

Recent changes

  1. Aug 31, 2026DIGI INTERNATIONAL INC signs $350m AMENDED AND RESTATED REVOLVING CREDIT AGREEMENTSEC ↗
Tested quarterlyHeadroom not yet measured3.00x
Permit the Interest Coverage Ratio, as of the last day of any period of four fiscal quarters of the Borrower (commencing with the fiscal quarter ended December 31, 2023), to be less than 3.00 to 1.00.
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured3.50x
Permit the Total Net Leverage Ratio, for the period of four fiscal quarters ending as of the last day of any fiscal quarter period of the Borrower (commencing with the fiscal quarter ended December 31, 2023) to exceed 3.50 to 1.00.
Read the filing on sec.gov ↗

Download CSV · Download JSON

AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT

Signed Aug 27, 2026

Committed
$350m
Matures
n/a
Agent
BMO BANK N.A.
TrancheSizeMaturesMargin
Revolving credit facility$350mn/a125–263 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level VI≥ 3.00:1.00263 bps28 bps
Level V≥ 2.50:1.00 but < 3.00:1.00238 bps25 bps
Level IV≥ 2.00:1.00 but < 2.50:1.00213 bps23 bps
Level III≥ 1.50:1.00 but < 2.00:1.00175 bps20 bps
Level II≥ 1.00:1.00 but < 1.50:1.00150 bps18 bps
Level I< 1.00:1.00125 bps15 bps

Lenders: BMO CAPITAL MARKETS CORP., BANK OF AMERICA, N.A., MUFG BANK, LTD.

No amendments on file yet.

Report an error

Email [email protected].