On September 24, 2026, Dynatrace LLC and its subsidiaries entered into a senior secured revolving credit facility with Bank of America, N.A., providing aggregate commitments of up to $500 million. The facility matures on June 24, 2031, subject to springing maturity conditions related to outstanding exchangeable notes and potential one-year extensions. Borrowings accrue interest based on benchmark rates plus applicable margins tied to the borrower's total leverage ratio or credit ratings. The agreement includes a financial covenant requiring a total leverage ratio of less than or equal to 4.00 to 1.00, with a temporary increase to 4.50 to 1.00 for specific acquisitions exceeding $150 million. Dynatrace operates in the software industry, providing enterprise performance monitoring and application intelligence solutions.
