Akamai Technologies Inc.
Akamai Technologies Amends Credit Agreement to Remove Credit Spread Adjustment
Summary
On April 17, 2025, Akamai Technologies, Inc. (NASDAQ: AKAM) amended its Credit Agreement, dated November 22, 2022, by removing the credit spread adjustment that was applicable to SOFR borrowings. This amendment, which is effective immediately, was announced in a current report filed with the SEC on April 17, 2025.
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About Akamai Technologies Inc.
Akamai Technologies Inc. is a leading provider of cloud services for global content delivery, application performance, and secure digital experiences. It plays a crucial role in enabling enterprises to deliver media-rich content efficiently and securely across the internet. Akamai’s robust network infrastructure is renowned for its ability to handle large-scale web traffic, ensuring swift data transfer and reduced latency for users worldwide. The company’s services are pivotal in areas such as media and entertainment, online gaming, software downloads, and e-commerce, where high-speed, uninterrupted service is essential. Additionally, Akamai offers comprehensive security solutions that protect websites and online data from cyber threats, making it a vital partner for businesses seeking to maintain data integrity and secure customer interactions. Based in Cambridge, Massachusetts, Akamai Technologies operates globally, supporting a diverse range of industries with its innovative solutions for digital transformation and cybersecurity.
Official SEC Documents
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