Autodesk Inc.
Autodesk Enters into New Credit Agreement
Summary
On May 8, 2025, Autodesk, Inc. entered into a new Credit Agreement providing for an unsecured revolving loan facility of up to $2 billion. This agreement replaces the existing Credit Agreement, dated September 30, 2021. The new agreement permits the company to increase commitments for revolving loans up to twice per year, subject to conditions. The facility will be used for working capital and general corporate purposes, with a scheduled termination date of May 8, 2030. Interest rates are based on the Base Rate or Term SOFR plus a margin. The agreement also includes financial covenants and events of default.
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About Autodesk Inc.
Autodesk Inc. is a global leader in 3D design, engineering, and entertainment software. Its primary function is to provide cutting-edge digital tools that empower professionals across various industries such as architecture, engineering, construction, manufacturing, media, and entertainment to visualize, simulate, and analyze real-world performance in a virtual environment. The company's flagship products include AutoCAD, a computer-aided design software used widely by architects and engineers; Revit, which supports building information modeling for architects and construction professionals; and Maya, a sophisticated software used by animators in the film and gaming industries. Autodesk’s software solutions are critical in project planning, design, and implementation, facilitating increased productivity and innovation. Operating a subscription-based business model, Autodesk has transitioned to cloud-based platforms, enhancing collaboration and flexibility for users globally. With its commitment to sustainability and reducing environmental impact through design, Autodesk holds a significant role in transforming how products are made, evolving the fields it touches through technology.
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