Quantum signs debt restructuring deal with Dialectic
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Quantum Enters into Definitive Agreement with Dialectic and Other Lenders to Restructure Term Debt
September 23, 2025 8:35 AM EDTTransaction 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.
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