Autodesk announced it has entered into new and amended credit agreements to finance its planned acquisition of MaintainX Inc. The company secured a new $1.0 billion, 364-day delayed draw term loan and amended its existing revolving credit facility to increase total commitments by $500 million to $2.0 billion.
Key Details
- Term Loan Agreement: Autodesk entered into a new Term Loan Credit Agreement for an unsecured 364-day delayed draw term loan facility of $1.0 billion. Borrowings are designated for funding the MaintainX acquisition.
- Revolving Credit Facility Amendment: The company amended its existing revolving credit agreement, increasing the total commitments from $1.5 billion to $2.0 billion.
- Purpose of Financing: Both credit agreements are intended to provide greater funding certainty and capital for the consummation of the company's merger with MaintainX Inc.
- Effective Date: Both the Term Loan Agreement and the amendment to the Revolving Credit Agreement were entered into on June 15, 2026.