---
schema_version: "secwatch.filing_event.v1"
accession: "0000860731-26-000042"
form_type: "8-K"
ticker: "TYL"
cik: "0000860731"
company_name: "TYLER TECHNOLOGIES INC"
filed_at: "2026-05-29T13:14:10+00:00"
generated_at: "2026-05-29T13:16:43.866719+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Tyler Technologies enters new $1B unsecured revolving credit facility, replacing $700M prior facility

## Summary
- New $1 billion unsecured revolving credit facility matures May 28, 2031; replaces $700 million facility from Sept 2024.
- No borrowings outstanding at closing; facility can be used for general corporate purposes including acquisitions.
- Interest margins range from SOFR+1.125%-1.75% or base rate+0.125%-0.75% based on leverage ratio.
- Commitment fee ranges from 0.125% to 0.25% per annum; accordion feature allows up to $525M or 100% of EBITDA increase.
- Covenants include maintaining certain financial ratios; obligations guaranteed by material domestic subsidiaries.

## SEC filing metadata
- accession: 0000860731-26-000042
- form_type: 8-K
- ticker: TYL
- cik: 0000860731
- company_name: TYLER TECHNOLOGIES INC
- filed_at: 2026-05-29T13:14:10+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860731/000086073126000042/0000860731-26-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860731/000086073126000042/tyl-20260529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860731-26-000042
- JSON: https://secwatch.observer/filing/0000860731-26-000042.json
- Plain text: https://secwatch.observer/filing/0000860731-26-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.