Autodesk Inc. (NASDAQ: ADSK) amended its credit agreements to support its planned acquisition of MaintainX Inc., according to an 8-K filing dated June 15, 2026.

The company increased its unsecured revolving credit facility from $1.5 billion to $2 billion through Amendment No. 1 to its existing credit agreement with Citibank N.A. as administrative agent. The amendment provides streamlined borrowing conditions for up to $1 billion to be used specifically for funding the MaintainX acquisition on the closing date.

Autodesk also entered into a separate Term Loan Credit Agreement providing an additional $1 billion unsecured 364-day delayed draw term loan facility. This facility is exclusively for funding the acquisition and will mature 364 days after the acquisition closes.

The term loan will carry interest rates based on either the Base Rate plus 0.0% to 0.125% margin, or a SOFR rate plus 0.625% to 1.125% margin, depending on Autodesk's public debt rating. The company will pay quarterly ticking fees of 0.050% to 0.125% per annum on undrawn commitments, beginning 120 days after June 15, 2026.

Both credit facilities include financial covenants requiring maintenance of a maximum leverage ratio of Consolidated Covenant Debt to Consolidated EBITDA. The term loan allows voluntary prepayments without penalties and includes mandatory prepayment requirements from certain debt issuances, equity offerings, or asset sales.

The combined credit facilities total $3 billion, with $2 billion available through the amended revolving credit agreement and $1 billion through the new term loan facility.