---
schema_version: "secwatch.filing_event.v1"
accession: "0001058290-22-000310"
form_type: "8-K"
ticker: "CTSH"
cik: "0001058290"
company_name: "COGNIZANT TECHNOLOGY SOLUTIONS CORP"
filed_at: "2022-10-07T23:59:59+00:00"
generated_at: "2026-06-23T04:37:49.898057+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cognizant enters new $2.5B credit facilities, repays existing term loan

## Summary
- Entered $650M term loan and $1.85B revolver, maturing Oct 6, 2027.
- Proceeds from term loan used to repay prior term loan; revolver for general corporate purposes.
- No scheduled term loan payments in first year; thereafter quarterly $8.125M installments.
- Facilities unsecured; initial margin 0.875% on Eurocurrency loans, 0% on ABR.

## SEC filing metadata
- accession: 0001058290-22-000310
- form_type: 8-K
- ticker: CTSH
- cik: 0001058290
- company_name: COGNIZANT TECHNOLOGY SOLUTIONS CORP
- filed_at: 2022-10-07T23:59:59+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/1058290/000105829022000310/0001058290-22-000310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058290/000105829022000310/ctsh-20221006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058290-22-000310
- JSON: https://secwatch.observer/filing/0001058290-22-000310.json
- Plain text: https://secwatch.observer/filing/0001058290-22-000310.txt

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