DXC Technology Co — Form 10-Q
Filed July 30, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
DXC Technology executed the Twentieth Amendment to its Receivables Purchase Agreement on July 24, 2026, refinancing a $400M facility. Mizuho Bank was removed and replaced by five committed purchasers: PNC Bank (Administrative Agent), MUFG Bank, Bank of Nova Scotia, Toronto Dominion Bank, and Crédit Agricole. The amendment includes non-ratable investments by group agents and extends the facility structure. Specific dollar amounts for individual bank commitments are redacted [***].
Why this rating
Routine debt refinancing and lender substitution. Standard amendment to existing $400M securitization facility—material to debt structure but operational rather than transformational.
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