secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001650372-24-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlassian enters into $750M senior unsecured revolving credit facility maturing 2029
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000028/0001650372-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037224000028/team-20240812.htm
  HTML page:      https://secwatch.observer/filing/0001650372-24-000028

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