---
schema_version: "secwatch.filing_event.v1"
accession: "0001773383-22-000148"
form_type: "8-K"
ticker: "DT"
cik: "0001773383"
company_name: "Dynatrace, Inc."
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:43:17.802878+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dynatrace closes $400M revolving credit facility and repays Term Loan B

## Summary
- New $400M senior secured revolver matures Dec 2027, replacing a $60M facility.
- Repaid $221M Term Loan B from cash; no other funded debt outstanding.
- CFO says transaction increases financial flexibility at lower costs; oversubscribed.
- Cash balance was $563M as of Sep 30, 2022.

## SEC filing metadata
- accession: 0001773383-22-000148
- form_type: 8-K
- ticker: DT
- cik: 0001773383
- company_name: Dynatrace, Inc.
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1773383/000177338322000148/0001773383-22-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1773383/000177338322000148/dt-20221202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001773383-22-000148
- JSON: https://secwatch.observer/filing/0001773383-22-000148.json
- Plain text: https://secwatch.observer/filing/0001773383-22-000148.txt

## Key facts
- Debt Financings
  Dynatrace, Inc. incurred revolving credit of up to $400,000,000 with BMO Harris Bank N.A. at Term SOFR plus 0.10% plus applicable margin maturing December 2, 2027.
  - Instrument: revolving credit
  - Principal: up to $400,000,000
  - Counterparty: BMO Harris Bank N.A.
  - Rate: Term SOFR plus 0.10% plus applicable margin
  - Maturity: December 2, 2027
  - Event: incurrence
  source text: On December 2, 2022, Dynatrace LLC (the “Borrower”) and Dynatrace Intermediate LLC (“Holdings”), each a Delaware limited liability company and wholly-owned subsidiary of Dynatrace, Inc. (the “Company”), entered into a Credit Agreement (the “Credit Agreement”) with BMO Harris Bank N.A., as administrative agent, and certain other lenders party thereto, for a senior secured revolving credit facility (the “Credit Facility”) in which the lenders agreed to extend revolving credit commitments in the aggregate amount of up to $400,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1773383/000177338322000148/0001773383-22-000148-index.htm
- Material Agreements
  Dynatrace, Inc. terminated First Lien Credit Agreement with Jefferies Finance LLC, as administrative agent, and the other lenders party thereto (effective 2022-12-02).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Jefferies Finance LLC, as administrative agent, and the other lenders party thereto
  - Effective: 2022-12-02
  source text: In connection with the Credit Agreement, the Company repaid the remaining outstanding principal balance of its term loan under the First Lien Credit Agreement. The repayment was funded with a portion of its cash balance, which stood at $563 million as of September 30, 2022. The Company also terminated the senior secured revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1773383/000177338322000148/0001773383-22-000148-index.htm
- Material Agreements
  Dynatrace, Inc. entered into Credit Agreement with BMO Harris Bank N.A., as administrative agent, and certain other lenders party thereto valued at $400,000,000 (effective 2022-12-02).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: BMO Harris Bank N.A., as administrative agent, and certain other lenders party thereto
  - Value: $400,000,000
  - Effective: 2022-12-02
  source text: On December 2, 2022, Dynatrace LLC (the “Borrower”) and Dynatrace Intermediate LLC (“Holdings”), each a Delaware limited liability company and wholly-owned subsidiary of Dynatrace, Inc. (the “Company”), entered into a Credit Agreement (the “Credit Agreement”) with BMO Harris Bank N.A., as administrative agent, and certain other lenders party thereto, for a senior secured revolving credit facility (the “Credit Facility”) in which the lenders agreed to extend revolving credit commitments in the aggregate amount of up to $400,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1773383/000177338322000148/0001773383-22-000148-index.htm

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