TTEC cuts revolving credit commitments to $960 million under amended Wells Fargo-led facility
TTEC•TTEC cut revolving credit commitments by $15 million to $960 million under an amended Wells Fargo-led facility. Higher pricing is delayed until Nov. 16, 2026, and the amendment sets a $2.4 million upfront lender fee.
1. Amended credit facility
TTEC entered a twelfth amendment to its amended and restated credit agreement with lenders led by Wells Fargo as administrative agent. Total revolving loans, swing loans and letters of credit are capped at $950 million. Revolving-loan margins remain 3.25% for SOFR loans and 2.25% for base-rate loans, and the extension fee was removed.
