Globant refinances $300 million term loan under amended credit agreement
GLOB•Globant refinanced existing term loans with $300 million in new term loans under an amended credit agreement effective October 29, 2026. The facilities now mature October 29, 2031, extending the previous May 30, 2028 maturity.
1. Refinancing terms
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, and HSBC remains administrative agent. Both facilities mature October 29, 2031, extending the previous May 30, 2028 maturity.
2. Borrowing conditions
The Luxembourg parent joins as an additional borrower. Revolving borrowings are capped at $300 million and subject to $50 million in minimum liquidity. Term loan amortization is 0% for the first year, then 10% annually through quarterly payments.
