Nutanix plans ~$500M revolving credit facility by Q1 2025 for general corporate purposes

Nutanix, Inc.

Expects to enter into approximately $500 million revolving credit facility during the quarter ending March 31, 2025.
Proceeds to be used for general corporate purposes; facility arranged by a syndicate of financial institutions.
Covenants will likely limit additional debt, liens, investments, dividends, and distributions subject to exceptions.
Definitive documentation not yet executed; terms remain subject to change and market conditions.

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