On March 19, 2026, Innodata Inc. announced that it has entered into a fourth amendment to its existing Credit Agreement with Wells Fargo Bank, National Association. This amendment allows for an increased secured revolving line of credit up to $50 million, with a new maturity date set for April 4, 2029. The company aims to enhance its access to capital to support anticipated growth with both new and existing customers. The borrowing base will be calculated based on eligible accounts, including government prime accounts, which are expected to increase due to anticipated growth opportunities. This strategic move is expected to provide Innodata with the necessary liquidity to navigate its operational needs and capitalize on market opportunities effectively.
Press Release distribution
National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.