secwatch.observer — SEC 8-K summary
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Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2026-10-07T20:30:58+00:00
Accession:  0001104659-26-114376
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4.1-flash:cloud@v2

TTEC cuts revolver commitments $15M to $960M; SOFR margin steps up to 6.25% on Nov 16 under 12th amendment
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- Twelfth Amendment to the June 3, 2013 Amended and Restated Credit Agreement, effective October 1, 2026, with Wells Fargo Bank, N.A. as administrative agent.
- Aggregate revolving commitments reduced by $15 million to $960 million; outstanding revolving loans, swing loans and letters of credit capped at $950 million.
- Current applicable margin of 3.250% for SOFR loans and 2.250% for base rate loans extended to November 15, 2026, rising to 6.250% and 5.250% on November 16, 2026 unless further amended.
- The 1.50% extension fee on aggregate commitments otherwise due October 1, 2026 was eliminated; TTEC paid lenders a $2.4 million upfront fee (0.25% of post-reduction commitments).
- Signed by CFO Kenneth R. Wagers, III; filing dated October 7, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465926114376/0001104659-26-114376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465926114376/tm2627186d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-114376

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