secwatch.observer — SEC 8-K summary
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Issuer:     Dynatrace, Inc. (DT)
CIK:        0001773383
Form:       8-K
Filed at:   2026-09-25T20:36:08+00:00
Accession:  0001773383-26-000059
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Dynatrace enters $500M senior secured revolving credit facility maturing June 24, 2031
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- Dynatrace LLC and Dynatrace Intermediate LLC entered a $500M senior secured revolving credit facility with Bank of America as administrative agent on Sept. 24, 2026.
- Interest accrues at Term SOFR, EURIBOR, CORRA, SONIA, or base rate plus margin of 0.00-0.625% for base rate loans or 1.00-1.625% for benchmark loans, based on leverage or credit rating.
- Non-U.S. dollar borrowings capped at $100M; matures June 24, 2031, with springing maturity if 2031 exchangeable notes exceed $300M 91 days prior to their maturity.
- Financial covenant: Total Leverage Ratio <= 4.00x starting with fiscal quarter ending Dec. 31, 2026, temporarily 4.50x for four quarters after permitted acquisitions over $150M.
- Proceeds for general corporate purposes; secured by first priority lien on certain assets, including pledge of equity interests of certain subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1773383/000177338326000059/0001773383-26-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1773383/000177338326000059/dt-20260924.htm
  HTML page:      https://secwatch.observer/filing/0001773383-26-000059

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