Financing ·
Fastly, Inc. entered into a Fourth Amendment to its Credit Agreement on August 17, 2026, increasing the senior secured…
FSLYFastly, Inc.
Fastly, Inc. entered into a Fourth Amendment to its Credit Agreement on August 17, 2026, increasing the senior secured revolving facility commitments from $60.0 million to $100.0 million. The amendment extends the maturity date to August 17, 2029, subject to extension options and springing maturity conditions tied to the outstanding 7.75% convertible senior notes due 2028 and net liquidity thresholds of $200.0 million or $120.0 million. Interest rates were reduced by 25 basis points to SOFR plus 1.75% or base rate plus 0.75%, and the commitment fee structure was adjusted based on outstanding balances. Fastly, Inc. operates in the technology industry, providing edge cloud computing services.