TTEC cuts revolving credit commitments to $960 million under amended Wells Fargo-led facility
Bitget2026/10/07 20:31TTEC entered a twelfth amendment to its amended and restated credit agreement with lenders led by Wells Fargo as administrative agent. Revolving credit commitments cut by $15 million to $960 million; total revolving loans, swing loans, letters of credit capped at $950 million. Higher pricing delayed to Nov. 16, 2026; revolving-loan margins stay at 3.25% for SOFR loans, 2.25% for base-rate loans. Extension fee removed; upfront lender fee set at $2.4 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TTEC Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-114376), on October 07, 2026, and is solely responsible for the information contained therein.
- TTEC entered a twelfth amendment to its amended and restated credit agreement with lenders led by Wells Fargo as administrative agent.
- Revolving credit commitments cut by $15 million to $960 million; total revolving loans, swing loans, letters of credit capped at $950 million.
- Higher pricing delayed to Nov. 16, 2026; revolving-loan margins stay at 3.25% for SOFR loans, 2.25% for base-rate loans.
- Extension fee removed; upfront lender fee set at $2.4 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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