---
schema_version: "secwatch.filing_event.v1"
accession: "0001044777-25-000005"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T21:51:43.901355+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# OneSpan secures $100M revolving credit facility with MUFG Bank

## Summary
- $100M revolving credit facility with MUFG Bank; matures June 23, 2030.
- No borrowings outstanding at closing; proceeds for general corporate purposes.
- Interest based on SOFR/prime rate plus margin 1.00%-2.50%; commitment fee 0.25%-0.30%.
- Facility secured by substantially all assets of OneSpan and certain subsidiaries.
- Includes letter-of-credit sublimit of $10M and customary covenants/default provisions.

## SEC filing metadata
- accession: 0001044777-25-000005
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000104477725000005/0001044777-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000104477725000005/ospn-20250623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001044777-25-000005
- JSON: https://secwatch.observer/filing/0001044777-25-000005.json
- Plain text: https://secwatch.observer/filing/0001044777-25-000005.txt

## Key facts
- Debt Financings
  OneSpan Inc. incurred revolving credit of $100,000,000 with MUFG Bank, Ltd. at base rate or term SOFR plus applicable rate ranging from 1.00% to 2.50% maturing June 23, 2030.
  - Instrument: revolving credit
  - Principal: $100,000,000
  - Counterparty: MUFG Bank, Ltd.
  - Rate: base rate or term SOFR plus applicable rate ranging from 1.00% to 2.50%
  - Maturity: June 23, 2030
  - Event: incurrence
  source text: of the Exchange Act. o ITEM 1.01 Entry into a Material Definitive Agreement On June 23, 2025, OneSpan Inc. (the “Company”) and certain subsidiaries of the Company entered into a $100,000,000 Credit Agreement (the “Credit Agreement”) with MUFG Bank, Ltd., as Administrative Agent, Swingline Lender and L/C Issuer (“MUFG”), and the lenders party thereto. The Credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000104477725000005/0001044777-25-000005-index.htm

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