TERADYNE, INC (TER): debt financing — Teradyne borrows $185M under credit facility to fund 10% Technoprobe acquisition

TERADYNE, INC

Borrowed $185M under $750M credit facility on May 16, 2024.
Proceeds to fund acquisition of 10% of Technoprobe S.p.A shares via subsidiary.
Interest rates: base rate plus 0.00%-0.75% or SOFR plus 1.10%-1.85% per annum.
Loan is senior secured revolving credit; Truist Bank is administrative agent.

item 2.03

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

TERADYNE, INC incurred revolving credit of $185.0 million with Truist Bank.

Instrument: revolving credit
Principal: $185.0 million
Counterparty: Truist Bank
Event: incurrence

Exact text from the filing

nt of Registrant As previously disclosed in Teradyne, Inc.’s (the “Company’s”) filings with the Securities and Exchange Commission, the Company is party to a credit agreement dated May 1, 2020 (as amended prior to the date hereof, the “Credit Agreement”) with Truist Bank, as administrative agent and collateral agent, and the lenders party thereto.

View on SEC.gov

310 debt financings filed in the last 30 days. Browse all debt financings →

TERADYNE, INC filing history →

Source: SEC EDGAR

accession 0001193125-24-141845

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.