Autodesk (ADSK) Raises Borrowing Capacity Through Revolving Credit Facility Adjustments
Key takeaways
- Autodesk (ADSK) Raises Borrowing Capacity Through Revolving Credit Facility Adjustments Muhammad Ali Khalid Tue, June 23, 2026 at 10:06 PM GMT+7 2 min read ADSK BNP.PA Autodesk Inc.
- (NASDAQ:ADSK) announced adjustments to its existing Revolving Credit Facility.
- Autodesk will utilize the arrangement to finance its potential acquisitions, share buybacks, working capital needs, and major capital expenditures.
Autodesk (ADSK) Raises Borrowing Capacity Through Revolving Credit Facility Adjustments Muhammad Ali Khalid Tue, June 23, 2026 at 10:06 PM GMT+7 2 min read ADSK BNP.PA Autodesk Inc. (NASDAQ:ADSK) is one of the 10 oversold stocks offering high upside.
On June 15, Autodesk Inc. (NASDAQ:ADSK) announced adjustments to its existing Revolving Credit Facility. The company increased its borrowing capacity to $2 billion from $1.5 billion, executed with a banking syndicate involving major names such as Citibank, Morgan Stanley, BNP Paribas, and BofA Securities.
Autodesk will utilize the arrangement to finance its potential acquisitions, share buybacks, working capital needs, and major capital expenditures. The arrangement involves a zero percent rate floor linked to SOFR, along with margins that will depend on the company’s credit ratings. Autodesk also has provisions to expand the arrangement in the future, as per its requirements.