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TTEC Amends Credit Facility: Commitments Cut to $960M, Margins Extended to Nov. 15, $2.4M Fee
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TTEC entered into the Twelfth Amendment to its Amended and Restated Credit Agreement, effective October 1, 2026. The amendment reduces revolving commitments by $15 million to $960 million, caps aggregate outstanding usage at $950 million, extends the current loan margins through November 15, 2026, and removes a previously scheduled 1.50% extension fee. In connection with the amendment, TTEC paid lenders a $2.4 million upfront fee. The changes are intended to fine-tune…