Autodesk, Inc. Form 8-K Filing

On June 15, 2026, Autodesk, Inc. entered into an Amendment No. 1 to Credit Agreement, which amends its existing Credit Agreement dated May 8, 2025. The amendment increases the aggregate principal amount of the unsecured revolving credit facility from $1.5 billion to $2 billion. It also enhances funding certainty for the merger with MaintainX Inc. by providing more limited conditions for borrowings up to $1.0 billion intended for the acquisition. The terms of the Revolving Credit Agreement remain in effect except as amended. Additionally, the Company entered into a Term Loan Credit Agreement with Citibank, providing for an unsecured 364-day delayed draw term loan facility of $1.0 billion. This Term Loan is specifically for funding the acquisition and will mature 364 days after the acquisition closing date. Prepayments are permitted without premium or penalty, subject to customary breakage costs, and mandatory prepayments are required under certain debt, equity, or asset sale conditions. The Term Loan bears interest at the Company's option, based on either a Base Rate plus a margin or a SOFR rate plus a margin, depending on the Company's public debt rating. A ticking fee will be paid on undrawn commitments, commencing 120 days after the effective date. Both agreements contain substantially similar representations, warranties, covenants, events of default, and financial covenants as the original Revolving Credit Agreement.