TaskUs, Inc. 8-K Filing - Credit Agreement Amendment

On March 11, 2026, TaskUs, Inc. (the "Company") announced a significant amendment to its credit facilities through its wholly-owned subsidiary, TU MidCo, Inc. ("MidCo"). The Second Amended and Restated Credit Agreement, entered into by MidCo, Borrower TU BidCo, Inc., and other subsidiaries as Guarantors, with JPMorgan Chase Bank, N.A. as administrative agent, restates the existing credit agreement. The amendment includes a new term loan of $500,000,000 and $100,000,000 in revolving commitments. The proceeds from the term loans are designated to refinance existing debt, cover transaction fees, and fund a special cash dividend to stockholders. The revolving commitments will support working capital and general corporate purposes, including acquisitions. Interest rates for the loans are variable, with options for Term SOFR plus a 2.75% margin or an alternative base rate plus a 1.75% margin. The agreement also outlines quarterly amortization payments and a maturity date of five years from the amendment date. A financial maintenance covenant requires the consolidated total net leverage ratio not to exceed 3.25 to 1.00. The amendment aims to provide additional flexibility for the Borrower. This filing incorporates by reference the creation of a direct financial obligation under an off-balance sheet arrangement.