---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-342367"
form_type: "8-K"
ticker: "TER"
cik: "0000097210"
company_name: "TERADYNE, INC"
filed_at: "2026-08-10T20:08:31+00:00"
generated_at: "2026-08-10T20:10:33.002395+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Teradyne secures $1.0B five-year senior secured revolving credit facility

## Summary
- Credit Agreement dated Aug 7, 2026 with PNC Bank as admin agent; $1.0B revolving facility, no borrowings outstanding.
- Proceeds for working capital and general corporate purposes; facility matures in five years.
- Interest at SOFR +1.00%-1.75% or base rate +0.00%-0.75% (leverage-based); commitment fee 0.125%-0.225%.
- Financial covenants: max consolidated leverage 3.50:1 (4.00:1 after acquisitions >$200M), min interest coverage 2.50:1.
- Collateral and guarantees released upon investment grade rating from S&P, Moody's or Fitch.

## SEC filing metadata
- accession: 0001193125-26-342367
- form_type: 8-K
- ticker: TER
- cik: 0000097210
- company_name: TERADYNE, INC
- filed_at: 2026-08-10T20:08:31+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97210/000119312526342367/0001193125-26-342367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97210/000119312526342367/ter-20260807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-342367
- JSON: https://secwatch.observer/filing/0001193125-26-342367.json
- Plain text: https://secwatch.observer/filing/0001193125-26-342367.txt

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