secwatch.observer — SEC 8-K summary
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Issuer:     TERADATA CORP /DE/ (TDC)
CIK:        0000816761
Form:       8-K
Filed at:   2022-06-28T23:59:59+00:00
Accession:  0001193125-22-183916
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teradata enters $900M credit facilities, swaps $450M at 3.148% fixed rate
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- New $500M term loan and $400M revolving credit facility, both maturing June 28, 2027.
- Outstanding $400M term loans under prior 2018 agreements repaid in full.
- Interest rate swap fixes $450M of term loan at 3.148% plus leverage-based margin.
- Facilities are unsecured; ESG-target provisions may adjust margins and fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816761/000119312522183916/0001193125-22-183916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816761/000119312522183916/d371903d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-183916

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer