Akamai Technologies, Inc. announced on May 12, 2025, the company entered into an Amendment No. 2 (the Second Amendment), by and among Akamai, the financial institutions identified therein as lenders and JPMorgan Chase Bank, N.A., as administrative agent (the Agent), which amends that certain Credit Agreement (the Credit Agreement), dated November 22, 2022 (as amended on April 17, 2025), by and among Akamai, the financial institutions party thereto from time to time as lenders and the Agent. The Second Amendment, among other things, increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion, extends the maturity date from November 22, 2027 to November 22, 2028, reduces the maximum aggregate amount of additional increases to the commitments from $500.0 million to $0 and reduces the number of additional permitted maturity extensions from two to one.
Akamai Technologies, Inc. Enters into Amendment No. 2 to Credit Agreement
Published on 05/13/2025 at 16:57
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