Cognyte Software Ltd. entered into amended and extended credit facility agreements with Bank Hapoalim B.M. and Bank Leumi Le-Israel B.M. These extensions precede the scheduled expiration of the previous facilities on January 31, 2026, and extend the Company's credit arrangements through January 31, 2028. Together, the amended Hapoalim and Leumi Facilities provide the Company with an aggregate credit line of $65 million. As of the date of this Report, there are no outstanding amounts borrowed by the Company under either credit facility.
Both the Hapoalim Facility and the Leumi Facility contain customary affirmative and restrictive covenants for credit facilities of this type.
