Quantum signs debt restructuring deal with Dialectic

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. DECK
2. RNG
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. SPY
9. FIX
10. IVBIY

Go back to Quantum signs debt restructuring deal with Dialectic

Quantum Enters into Definitive Agreement with Dialectic and Other Lenders to Restructure Term Debt

September 23, 2025 8:35 AM EDT

Transaction Represents Key Milestone Toward Eliminating Outstanding Debt

SAN JOSE, Calif.--(BUSINESS WIRE)-- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it has entered into a definitive agreement (the Transaction Agreement) to restructure the Companys outstanding term debt held by Dialectic Technology SPV LLC (Dialectic) and certain other lenders. In addition, Quantum amended its existing term loan credit and security agreement with its current term loan lenders to remove the financial covenants therein.

Highlights of... More