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Quantum Enters into Definitive Agreement with Dialectic and Other Lenders to Restructure Term Debt
Businesswire· 2025-09-23 12:35
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 Company's 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 th. ...