---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-21-000039"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2021-10-25T23:59:59+00:00"
generated_at: "2026-06-28T18:22:59.235185+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# EPAM Systems enters into $700M amended credit facility, replacing prior 2017 agreement

## Summary
- Five-year $700M revolving credit facility, unsecured, with potential to increase to $1B.
- Interest rate based on LIBOR or base rate plus margin tied to leverage ratio (0.875%-2.000% for Eurocurrency).
- Replaces the 2017 credit facility; includes swingline loan and letter of credit subfacilities.
- PNC Bank serves as administrative agent; customary covenants and events of default apply.
- Borrowings permitted in USD and up to $150M in alternative currencies (GBP, EUR, CAD, CHF).

## SEC filing metadata
- accession: 0001352010-21-000039
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2021-10-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000039/0001352010-21-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000039/epam-20211021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-21-000039
- JSON: https://secwatch.observer/filing/0001352010-21-000039.json
- Plain text: https://secwatch.observer/filing/0001352010-21-000039.txt

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