Array cuts credit facility to $100M from $300M, extends maturity five years

ARRAY DIGITAL INFRASTRUCTURE, INC.

Borrowing capacity reduced from $300M to $100M; LC sublimit from $30M to $10M; swing line from $25M to $10M.
Maturity date extended to fifth anniversary of December 8, 2025 effective date.
Credit spread adjustment on Term SOFR (10-25 bps) removed.
Max cash netting for consolidated leverage ratio capped at trailing four-quarter EBITDA.
Aggregate capacity for secured debt at Array and its subsidiaries increased by $300M.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ARRAY DIGITAL INFRASTRUCTURE, INC. amended Fifth Amendment with Toronto Dominion (Texas) LLC, as administrative agent, and the other lenders (effective 2025-12-08).

Action: amendment
Agreement: credit facility
Counterparty: Toronto Dominion (Texas) LLC, as administrative agent, and the other lenders
Effective: 2025-12-08

Exact text from the filing

On December 8, 2025 (the “Effective Date”), Array Digital Infrastructure, Inc. (“Array”) entered into the Fifth Amendment (the “Amendment”) to First Amended and Restated Credit Agreement among Array, Toronto Dominion (Texas) LLC, as administrative agent, and the other lenders thereto (the “Credit Agreement”).

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ARRAY DIGITAL INFRASTRUCTURE, INC. filing history →

Source: SEC EDGAR

accession 0000821130-25-000074

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