---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-324888"
form_type: "8-K"
ticker: "EXTR"
cik: "0001078271"
company_name: "EXTREME NETWORKS INC"
filed_at: "2026-07-30T11:17:15+00:00"
generated_at: "2026-07-30T11:20:16.041230+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks enters $500M revolving credit facility, repays existing debt

## Summary
- New 5-year $500M revolver with JPMorgan as admin agent, matures July 29, 2031.
- Borrowed $200M at closing to repay existing credit facility; $300M remains available.
- Interest rates: SOFR + 1.25%-2.00% or base rate + 0.25%-1.00%, based on leverage.
- Financial covenants: interest coverage ≥3.00x, total net leverage ≤3.75x (step-up to 4.25x for acquisitions).
- Uncommitted accordion feature up to $175M plus additional amounts.

## SEC filing metadata
- accession: 0001193125-26-324888
- form_type: 8-K
- ticker: EXTR
- cik: 0001078271
- company_name: EXTREME NETWORKS INC
- filed_at: 2026-07-30T11:17:15+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078271/000119312526324888/0001193125-26-324888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078271/000119312526324888/extr-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-324888
- JSON: https://secwatch.observer/filing/0001193125-26-324888.json
- Plain text: https://secwatch.observer/filing/0001193125-26-324888.txt

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