---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-22-000114"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:18:32.384213+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bandwidth secures $50M revolving credit facility maturing June 2025

## Summary
- $50.0M revolving credit facility with $20M letter-of-credit sublimit and $5M swingline subfacility.
- Interest at SOFR plus 1.50%-2.00% or base rate plus 0.50%-1.00%, depending on consolidated adjusted quick ratio.
- Secured by substantially all tangible/intangible assets and pledges of domestic subsidiary equity and 65% of material foreign subsidiary voting stock.
- Financial covenant requires consolidated adjusted quick ratio ≥1.25:1.00 if aggregate cash held at Silicon Valley Bank or under control agreements is below $70M.
- Quarterly commitment fee of 0.0625% on unused portion; matures June 6, 2025.

## SEC filing metadata
- accession: 0001514416-22-000114
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441622000114/0001514416-22-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441622000114/band-20220606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-22-000114
- JSON: https://secwatch.observer/filing/0001514416-22-000114.json
- Plain text: https://secwatch.observer/filing/0001514416-22-000114.txt

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