Digi International (DGII) Expands Credit Facility To $350 Million With More Deal Flexibility
Digi International (DGII) expanded its credit facility to $350 million, with an accordion feature allowing up to $480 million. The refinancing provides greater financial flexibility for growth projects and acquisitions, with a higher net leverage ratio of 3.50x and a maturity date of August 2031. The company aims to use the facility to support its recurring revenue push and IoT-focused M&A strategy.



