---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-314198"
form_type: "8-K"
ticker: "ADTN"
cik: "0000926282"
company_name: "ADTRAN Holdings, Inc."
filed_at: "2026-07-23T20:30:32+00:00"
generated_at: "2026-07-23T20:32:10.552459+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ADTRAN enters $350M senior secured credit facility led by JPMorgan, replacing prior Wells Fargo facility

## Summary
- New $350M senior secured credit facility led by JPMorgan replaces prior Wells Fargo facility; German borrower sublimit $50M.
- Interest rate margins: Term Benchmark Rate + 2.25%-3.25%, Base Rate + 1.25%-2.25%, with 0.00% floor.
- Covenants: max senior secured net leverage 3.25x, min fixed charge coverage 1.25x, liquidity floor $50M during springing period.
- Company states facility enhances liquidity, lowers borrowing costs, extends maturities, and improves financial flexibility.
- Prior credit agreement and related collateral agreements terminated on July 21, 2026.

## SEC filing metadata
- accession: 0001193125-26-314198
- form_type: 8-K
- ticker: ADTN
- cik: 0000926282
- company_name: ADTRAN Holdings, Inc.
- filed_at: 2026-07-23T20:30:32+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/926282/000119312526314198/0001193125-26-314198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/926282/000119312526314198/adtn-20260721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-314198
- JSON: https://secwatch.observer/filing/0001193125-26-314198.json
- Plain text: https://secwatch.observer/filing/0001193125-26-314198.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.