---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-25-000047"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:33:24.224431+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# EPAM enters into new $700M revolving credit facility, upsizable to $1.2B

## Summary
- New five-year $700M revolving credit facility replaces 2021 credit agreement, effective October 3, 2025.
- Facility can be increased to up to $1.2B with lender consent; includes $250M alternative currency sublimit.
- Borrowings bear interest at SOFR plus margin based on leverage ratio (0.875% to 1.625% per annum).
- Leverage covenant: maximum consolidated leverage ratio of 3.50:1.00 (4.00:1.00 under certain conditions).
- Proceeds for general corporate purposes, working capital, and permitted acquisitions.

## SEC filing metadata
- accession: 0001352010-25-000047
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/0001352010-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/epam-20251003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-25-000047
- JSON: https://secwatch.observer/filing/0001352010-25-000047.json
- Plain text: https://secwatch.observer/filing/0001352010-25-000047.txt

## Key facts
- Debt Financings
  EPAM Systems, Inc. incurred revolving credit of $700 million with PNC Bank, National Association at SOFR rate...plus a margin based on EPAM's leverage ratio maturing five years.
  - Instrument: revolving credit
  - Principal: $700 million
  - Counterparty: PNC Bank, National Association
  - Rate: SOFR rate...plus a margin based on EPAM's leverage ratio
  - Maturity: five years
  - Event: incurrence
  source text: The 2025 Revolving Facility provides for a five-year $700 million revolving credit facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/0001352010-25-000047-index.htm

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