Digi International Inc. entered into an amended and restated senior secured revolving credit agreement with BMO Bank N.A., increasing total borrowing capacity to $350 million from the previous $250 million facility. The new facility, maturing on August 27, 2031, includes an uncommitted accordion feature allowing for additional borrowing up to the greater of $130 million or 100% of trailing four-quarter consolidated EBITDA, potentially reaching a total capacity of approximately $480 million. Digi terminated its prior credit agreement dated December 7, 2023, and paid off all outstanding amounts under that Terminated Agreement. The new terms feature improved pricing with SOFR margins ranging from 125 to 262.5 basis points and increase the maximum total net leverage ratio covenant from 3.0x to 3.50x. Digi International Inc. is a leading global provider of Internet of Things (IoT) connectivity products, services, and solutions.