---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-153199"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2021-12-23T23:59:59+00:00"
generated_at: "2026-06-27T22:46:02.510372+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Digi enters $350M term loan B and $35M revolver credit facility with BMO

## Summary
- Third amended credit agreement with BMO Harris provides $350M term loan B and $35M revolving loan facility.
- Term loan bears interest at LIBOR + 5.00% (floor 0.50%); revolver margin ranges from 3.75% to 4.00% over LIBOR.
- Proceeds refinance term loans from the November 2021 Ventus acquisition; no additional proceeds received.
- Term loan amortizes at 5.00% per annum of original principal, maturing in 7 years; revolver matures in 5 years.
- Revolver includes $10M letter of credit and $10M swingline subfacilities; commitment fee 0.375%-0.50%.

## SEC filing metadata
- accession: 0001104659-21-153199
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2021-12-23T23:59:59+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/854775/000110465921153199/0001104659-21-153199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000110465921153199/tm2136223d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-153199
- JSON: https://secwatch.observer/filing/0001104659-21-153199.json
- Plain text: https://secwatch.observer/filing/0001104659-21-153199.txt

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