Trimble enters $500 million delayed-draw term loan credit agreement with Bank of America

Bitget2026/10/02 20:08

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Trimble entered a Term Loan Credit Agreement with lenders led by Bank of America as administrative agent on Oct. 2, 2026.
Unsecured delayed-draw term loan facility of $500 million; no borrowings outstanding as of Oct. 2.
Up to four draws allowed through Jan. 29, 2027; undrawn commitments terminate afterward; repaid amounts cannot be reborrowed.
Loans mature two years after the initial borrowing date; proceeds earmarked for general corporate purposes.
Pricing tied to base rate or term SOFR plus a margin; ticking fee on undrawn commitments starts Dec. 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trimble Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000864749-26-000111), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Trimble enters $500 million delayed-draw term loan credit agreement with Bank of America

You may also like

Crypto prices