Bandwidth Inc. filed a Form 8-K on October 29, 2026, disclosing a fourth amendment to its Credit Agreement effective October 26, 2026, and reporting financial results for the third quarter ended September 30, 2026.

Key Highlights

  • Revolving credit expanded: Aggregate revolving credit commitments increased from $150.0 million to $200.0 million.
  • Maturity extended: The Credit Agreement maturity date was extended to October 26, 2031.
  • Investment basket increased: The basket in Section 7.02(e) was raised from the greater of $5,000,000 or 10% of TTM Consolidated EBITDA to the greater of $10,000,000 or 10% of TTM Consolidated EBITDA.
  • SOFR Adjustment removed: The term "SOFR Adjustment" was deleted from the Credit Agreement and all references were removed.
  • Q3 2026 results disclosed: A press release reporting financial results for the third quarter ended September 30, 2026, was furnished as Exhibit 99.1.
  • Signed by CFO: The filing was signed by Daryl E. Raiford, Chief Financial Officer.

Bandwidth Amends Credit Agreement with Bank of America, Expanding Capacity and Extending Term

According to the filing, Bandwidth Inc. (NASDAQ:BAND) entered into a fourth amendment to its Credit Agreement on October 26, 2026. The parties to the agreement include the Company as borrower, certain subsidiaries as guarantors, lenders party thereto from time to time, and Bank of America, N.A., serving as administrative agent, swingline lender, and letters of credit issuer. BofA Securities, Inc. acted as sole lead arranger and sole bookrunner, the filing disclosed.

The amendment's notable changes, as described in the 8-K, include increasing the aggregate revolving credit commitments from $150.0 million to $200.0 million and extending the maturity date to October 26, 2031. Additionally, the filing stated that the term "SOFR Adjustment" was deleted from the Credit Agreement with all references removed. The investment basket under Section 7.02(e) was also amended, raising the floor from $5,000,000 to $10,000,000 while retaining the 10% of TTM Consolidated EBITDA alternative threshold.

The filing noted that "this summary of the Credit Agreement Amendment is qualified in its entirety by reference to the full text of the Credit Agreement Amendment," which the Company indicated will be filed as an exhibit to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2026. Separately, on October 29, 2026, the Company issued a press release covering its third-quarter 2026 financial results, furnished as Exhibit 99.1. The filing specified that the press release is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.

What Was Disclosed

Bandwidth Inc. disclosed a fourth amendment to its Credit Agreement, expanding its revolving facility by $50.0 million to $200.0 million and extending maturity to October 26, 2031, alongside furnishing a press release of its Q3 2026 financial results.