INNODATA INC (INOD): debt financing — Innodata amends Wells Fargo credit facility: max credit raised to $50M, maturity extended to April 2029

INNODATA INC

Fourth amendment increases secured revolving credit line to $50M maximum, up from prior amount.
Maturity date extended to April 4, 2029; borrowing base as of Dec 31, 2025 would have been ~$30M.
Borrowing base now includes 85% of eligible government prime accounts and modified unbilled accounts.
Amendment adds government contract representations, covenants, and reporting triggers when excess availability <15% of max credit.
Purpose is to support anticipated growth with new and existing customers.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

INNODATA INC amended revolving credit of $50.0 million with Wells Fargo Bank, National Association maturing April 4, 2029.

Instrument: revolving credit
Principal: $50.0 million
Counterparty: Wells Fargo Bank, National Association
Maturity: April 4, 2029
Event: amendment

Exact text from the filing

The Amended Credit Agreement provides for an increased secured revolving line of credit (the “Revolving Credit Facility”) up to an amount equal to the lesser of the borrowing base and $50.0 million (the “Maximum Credit”), and a new maturity date of April 4, 2029 (the “Maturity Date”).

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Source: SEC EDGAR

accession 0001104659-26-033893

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