Nutanix, Inc.
Nutanix Enters Into $500 Million Credit Agreement
Summary
On February 12, 2025, Nutanix, Inc. entered into a $500 million revolving credit facility with Bank of America, N.A., as the administrative agent, collateral agent, and L/C issuer, and other lenders. The facility includes a $25 million sublimit for letters of credit and will mature on February 12, 2030. The agreement contains customary financial covenants and representations, warranties, and is secured by substantially all of the company's assets. The Credit Agreement is furnished as Exhibit 10.1.
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Exhibits (1)
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About Nutanix, Inc.
Nutanix, Inc. is a company specializing in cloud computing infrastructure and services. Its primary function is to provide a hyperconverged infrastructure (HCI) that seamlessly integrates computing, storage, and networking into a single unified platform, thus simplifying IT management and reducing costs for businesses. Nutanix's flagship product is its Enterprise Cloud OS, which runs on a wide variety of hardware platforms, offering clients the flexibility to operate across hybrid and multi-cloud environments. Serving various sectors such as finance, healthcare, and education, Nutanix provides solutions that enhance scalability and reliability for mission-critical applications. Founded in 2009 and headquartered in San Jose, California, the company plays a significant role in the digital transformation of businesses by enabling them to modernize their datacenter operations and embrace a cloud-first strategy. As enterprises continue to adopt cloud technologies, Nutanix, Inc. remains a pivotal player in the evolving landscape, leveraging its expertise to deliver comprehensive cloud solutions to an international customer base.
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