Grid Dynamics Holdings Inc. announced on May 20, 2025, that it entered into a fourth amendment to its credit agreement. This amendment pertains to the company's revolving credit facility.
The amendment extends the maturity date of the revolving credit facility to March 15, 2028. This extension provides Grid Dynamics with enhanced long-term financial flexibility and stability.
The company believes its current cash and operating cash flows, combined with this extended credit facility, are sufficient to fund operations for the next twelve months. This move supports Grid Dynamics' ongoing growth and strategic investments.
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