TTEC Holdings, Inc.

$975m committed across 1 active facility, next covenant test Sep 30, 2026. TTEC

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Recent changes

Aug 10, 2026TTEC Holdings, Inc. signs $975m AMENDED AND RESTATED CREDIT AGREEMENT, matures Nov 2027 SEC ↗

Interest coverage: when the limit steps, and which way the company's ratio has been moving.

5.88x3.68x1.49x

CovenantTestedHeadroomLimit now

Tested quarterlyEstimated above the limit^*ratio 2.44x, estimated, vs 2.50x limit in force at Jun 30, 20262.50x

From Jun 30, 2025 · 2.25x
From Sep 30, 2025 · 2.50x

US Borrower shall not suffer or permit the Interest Coverage Ratio as of the last day of the most recently completed fiscal quarter to be less than the ratio set forth below for such fiscal quarter

Read the filing on sec.gov ↗

Tested quarterlyHeadroom not yet measured3.75x

From Dec 31, 2024 · 5.00x
From Mar 31, 2025 · 4.75x
From Jun 30, 2025 · 4.50x
From Sep 30, 2025 · 4.25x
From Dec 31, 2025 · 4.00x
From Jun 30, 2026 · 3.75x
From Sep 30, 2026 · 4.25x
From Mar 31, 2027 · 4.00x
From Jun 30, 2027 · 3.75x

During the Covenant Adjustment Period, but prior to a Qualifying Debt Issuance, US Borrower shall not suffer or permit the Net Leverage Ratio as of the last day of the most recently completed fiscal quarter during the Covenant Adjustment Period to exceed the ratio set forth below for such fiscal quarter:

Read the filing on sec.gov ↗

Tested quarterlyHeadroom not yet measured3.75x

From Dec 31, 2024 · 5.00x
From Mar 31, 2025 · 4.75x
From Jun 30, 2025 · 4.50x
From Sep 30, 2025 · 4.25x
From Dec 31, 2025 · 4.00x
From Jun 30, 2026 · 3.75x
From Sep 30, 2026 · 4.25x
From Mar 31, 2027 · 4.00x
From Jun 30, 2027 · 3.75x

On or after the occurrence of a Qualifying Debt Issuance, during the Covenant Adjustment Period, US Borrower shall not suffer or permit the Secured Net Leverage Ratio as of the last day of the most recently completed fiscal quarter to exceed the ratio set forth below for such fiscal quarter, subject to the Optional Leverage Ratio Increase:

Read the filing on sec.gov ↗

Tested quarterlyHeadroom not yet measuredn/a

US Borrower shall not suffer or permit the Available Liquidity as of the last day of the most recently completed fiscal quarter to be less than the Expected Earn-Out Amount as of the last day of the most recently completed fiscal quarter.

Read the filing on sec.gov ↗

* Estimates use reported financials; credit agreements usually add back items that XBRL does not capture.

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AMENDED AND RESTATED CREDIT AGREEMENT

Signed Jun 3, 2013

Committed: $975m
Matures: Nov 2027
Agent: WELLS FARGO BANK, NATIONAL ASSOCIATION

Tranche	Size	Matures	Margin
Revolving Credit Facility	$975m	Nov 2027	325–625 bps

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

Level	Condition	Margin	Unused fee
Level Period	Eleventh Amendment Effective Date through September 30, 2026	325 bps	n/a
Level Period	October 1, 2026 through Maturity Date	625 bps	n/a
Level Fee initial	From Ninth Amendment Effective Date until Calculation Date for quarter ending June 30, 2024	n/a	28 bps
Level Fee Level 1	Net Leverage Ratio ≥ 4.50:1.00	n/a	33 bps
Level Fee Level 2	Net Leverage Ratio ≥ 4.00:1.00 and < 4.50:1.00	n/a	30 bps
Level Fee Level 3	Net Leverage Ratio ≥ 3.50:1.00 and < 4.00:1.00	n/a	28 bps
Level Fee Level 4	Net Leverage Ratio ≥ 3.00:1.00 and < 3.50:1.00	n/a	25 bps
Level Fee Level 5	Net Leverage Ratio ≥ 2.50:1.00 and < 3.00:1.00	n/a	20 bps
Level Fee Level 6	Net Leverage Ratio < 2.50:1.00	n/a	18 bps

§1.1

Lenders: WELLS FARGO SECURITIES, LLC, BofA Securities, Inc., PNC BANK, NATIONAL ASSOCIATION, U.S. BANK, NATIONAL ASSOCIATION, BMO BANK N.A.

No amendments on file yet.

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