Globant refinances $300 million term loan under amended credit agreement

Bitget2026/10/29 21:05

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Globant amended its credit agreement effective October 29, 2026, refinancing existing term loans with $300 million in new term loans.
Revolving commitments were reduced to $550 million from $725 million; HSBC remains administrative agent.
Both facilities mature October 29, 2031, extending the previous May 30, 2028 maturity.
The Luxembourg parent joins as an additional borrower, with revolving borrowings capped at $300 million and subject to $50 million minimum liquidity.
Term loan amortization is 0% for the first year, rising to 10% annually thereafter through quarterly payments.

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. Globant SA 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: 0001104659-26-120214), on October 29, 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.

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Globant refinances $300 million term loan under amended credit agreement

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