Autodesk Inc.
Autodesk Amends Credit Agreement and Establishes New Term Loan
Summary
On June 15, 2026, Autodesk, Inc. amended its existing Revolving Credit Agreement to increase the credit facility from $1.5 billion to $2 billion and entered into a new Term Loan Credit Agreement with Citibank for an unsecured 364-day term loan of $1.0 billion. The Revolver Amendment provides greater funding certainty for the company's merger transaction with MaintainX Inc. The Term Loan will be used to fund the acquisition and will mature 364 days after the acquisition closing date. The Term Loan will bear interest at a rate per annum equal to either the Base Rate plus a margin or a SOFR rate plus a margin, depending on the company's public debt rating.
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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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