Dynatrace, Inc. announced the closing of a new $400 million, five-year senior secured revolving credit facility through a syndicate of banks led by BMO Harris Bank N.A., with Dynatrace LLC, a wholly-owned subsidiary of Dynatrace, Inc., as borrower. This new facility, entered into on December 2, 2022, replaces a $60 million revolving credit facility, which was set to mature on August 23, 2023. In conjunction with the closing of the new revolving credit facility, Dynatrace repaid the remaining balance of its Term Loan B debt, which had an outstanding principal balance of $221 million as of September 30, 2022.

The repayment was funded with a portion of the company's cash balance, which stood at $563 million as of September 30, 2022. Dynatrace has no other funded debt obligations outstanding at this time.