debt
confidence high
sentiment neutral
materiality 0.50
Atlassian enters into $750M senior unsecured revolving credit facility maturing 2029
Atlassian Corp
- $750M senior unsecured revolving credit facility; matures August 12, 2029.
- Borrowings at Term SOFR + 0.875%-1.50% or Base Rate + 0%-0.50% based on leverage ratio or debt ratings.
- Covenants include maximum consolidated leverage ratio of 3.50x (step-up to 4.50x for material acquisitions).
- Voluntary prepayment allowed without penalty; unused line fee and letter of credit fees payable.