---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-23-000070"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:33:34.055765+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bandwidth terminates SVB credit agreement after SVB's closure; no outstanding borrowings

## Summary
- SVB was closed by California DFPI on March 10, 2023; FDIC appointed receiver.
- Bandwidth gave notice on March 14, 2023 to terminate the credit agreement dated June 6, 2022.
- No outstanding borrowings under the credit agreement as of termination effective March 15, 2023.
- Bandwidth did not borrow any amounts under any revolving credit facility in prior three fiscal years.

## SEC filing metadata
- accession: 0001514416-23-000070
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441623000070/0001514416-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441623000070/band-20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-23-000070
- JSON: https://secwatch.observer/filing/0001514416-23-000070.json
- Plain text: https://secwatch.observer/filing/0001514416-23-000070.txt

## Key facts
- Material Agreements
  Bandwidth Inc. terminated Credit Agreement with Silicon Valley Bank (effective 2023-03-14).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Silicon Valley Bank
  - Effective: 2023-03-14
  source text: On March 14, 2023 (the “Notice Date”), Bandwidth Inc. (the “Company”) gave notice to Silicon Valley Bank (“SVB”) of its desire and intent to terminate the commitments (the “Termination”) under that certain credit agreement, dated as of June 6, 2022 (the “Credit Agreement”), among the Company, as borrower, the lenders from time to time party thereto, and SVB, as administrative agent, issuing lender and swingline lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514416/000151441623000070/0001514416-23-000070-index.htm

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