Daktronics Inc. has entered into a new revolving credit facility, replacing its prior $75 million senior credit facility. The new agreement, effective November 26, 2025, is part of the company's broader strategy to refinance its existing credit arrangements. Daktronics and its subsidiary, Daktronics Installation, Inc., also entered into a new security agreement with the administrative agent, establishing a security interest in substantially all of the grantors' personal property and assets to secure obligations under the new credit agreement. This move terminates the previous credit and security agreements dated May 11, 2023.
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