---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-25-000064"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2025-08-22T23:59:59+00:00"
generated_at: "2026-05-17T10:29:01.781606+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TDS pays in full and terminates three credit agreements, incurs $9M penalty

## Summary
- Paid all indebtedness and terminated three credit agreements on August 19, 2025.
- Agreements terminated: CoBank (2021), Wells Fargo (2023), and Oaktree (2024).
- Incurred $9 million termination penalty from Oaktree agreement termination.
- No other material terms disclosed; company reduced debt obligations.

## SEC filing metadata
- accession: 0001051512-25-000064
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2025-08-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000064/0001051512-25-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000064/tds-20250819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-25-000064
- JSON: https://secwatch.observer/filing/0001051512-25-000064.json
- Plain text: https://secwatch.observer/filing/0001051512-25-000064.txt

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