Tucows (TCX) filed an 8-K on July 27, 2026 covering several related deals. It amended its existing credit agreement to extend the main maturity from September 2027 to July 2029, with one lender's $27.5M commitment not yet extended and discussions underway to replace it; pricing and financial covenants stayed broadly the same, including the 3.75x debt/EBITDA and 3.0x interest coverage tests. Separately, Tucows bought Ting Fiber's Series A preferred units for $3M, loaned Ting Fiber $5M, and agreed to buy a Ting data centre asset for about $6M. Those preferred units had a value of roughly $150M including cumulative dividends, so the deal resolves the previously disclosed default/redemption dispute and removes a large preferred-equity overhang.
View Full Filing (SEC EDGAR)