IDT Corp extends $50M TD Bank credit line to 2029

Q: How much revolving credit is now available to IDT (IDT) under the amended agreement?

Under the amendment, IDT Telecom may borrow up to $50.0 million during May and December and $25.0 million during all other months. This creates higher peak seasonal borrowing capacity while preserving the prior level for the rest of the year.

Q: When does IDT’s (IDT) amended revolving credit facility mature?

The revolving credit facility now matures on July 15, 2029, extended from a prior maturity date of August 16, 2026. This lengthens the term of the committed facility by nearly three years, providing longer-duration access to bank financing for IDT Telecom.

Q: Which IDT (IDT) affiliates were added as guarantors under the amended credit facility?

The amendment added National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC as additional corporate guarantors. They join existing guarantors including IDT Corporation, IDT Domestic Telecom, Inc., IDT America Corp. and Net2Phone, Inc.

Q: What assets secure IDT’s (IDT) amended revolving credit facility with TD Bank?

The revolving credit facility is secured by all of the assets of IDT Telecom, IDT Corporation, IDT Domestic Telecom, IDT America, Net2Phone, National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC. This broad collateral package supports the bank’s lending exposure.

IDT Corporation, through its subsidiary IDT Telecom, Inc., amended its revolving credit agreement with TD Bank, N.A.

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Form Type

8-K

Rhea-AI Filing Summary

IDT Corporation, through its subsidiary IDT Telecom, Inc., amended its revolving credit agreement with TD Bank, N.A. The amendment increases the amount of revolving credit available to IDT Telecom to $50.0 million during the months of May and December each year and maintains availability of $25.0 million during all other months. The maturity date of the revolving credit facility, previously scheduled to end on August 16, 2026, is extended to July 15, 2029. The amendment also adds National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC as additional corporate guarantors. The facility remains secured by all assets of IDT Telecom, IDT Corporation and several affiliated entities, with all other material terms unchanged.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Peak revolver capacity: $50.0 million Base revolver capacity: $25.0 million New maturity date: July 15, 2029 +2 more

5 metrics

Peak revolver capacity $50.0 million Revolving credit available during May and December of each calendar year

Base revolver capacity $25.0 million Revolving credit available during all months other than May and December

New maturity date July 15, 2029 Extended maturity of the revolving credit facility

Prior maturity date August 16, 2026 Original scheduled maturity before the amendment

Amendment date August 11, 2026 Date of the Fourth Amendment to the Second Amended and Restated Credit Agreement

Key Terms

revolving credit facility, corporate guarantors, maturity date, secured by all of the assets, +1 more

5 terms

revolving credit facility financial

"amends the revolving credit facility that was scheduled to mature"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

corporate guarantors financial

"adds National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services"

maturity date financial

"extends the maturity date of the revolving credit facility to July 15, 2029"

The maturity date is the specific day when a loan, bond, or investment reaches its full term and the borrower must repay the borrowed amount in full. It is important for investors because it indicates when they will receive their initial money back and can plan their future financial steps accordingly. Think of it as the due date for a loan or the day a gift card or coupon expires.

secured by all of the assets financial

"The credit facility is secured by all of the assets of IDT Telecom"

Inline XRBL technical

"Cover Page Interactive Data File, formatted in Inline XRBL document"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did IDT (IDT) make to its revolving credit facility?

IDT, through IDT Telecom, amended its revolving credit facility with TD Bank to extend the maturity to July 15, 2029 and adjust borrowing capacity seasonally. This keeps the existing structure but provides longer-term committed financing and modified availability limits.

How much revolving credit is now available to IDT (IDT) under the amended agreement?

Under the amendment, IDT Telecom may borrow up to $50.0 million during May and December and $25.0 million during all other months. This creates higher peak seasonal borrowing capacity while preserving the prior level for the rest of the year.

When does IDT’s (IDT) amended revolving credit facility mature?

The revolving credit facility now matures on July 15, 2029, extended from a prior maturity date of August 16, 2026. This lengthens the term of the committed facility by nearly three years, providing longer-duration access to bank financing for IDT Telecom.

Which IDT (IDT) affiliates were added as guarantors under the amended credit facility?

The amendment added National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC as additional corporate guarantors. They join existing guarantors including IDT Corporation, IDT Domestic Telecom, Inc., IDT America Corp. and Net2Phone, Inc.

What assets secure IDT’s (IDT) amended revolving credit facility with TD Bank?

The revolving credit facility is secured by all of the assets of IDT Telecom, IDT Corporation, IDT Domestic Telecom, IDT America, Net2Phone, National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC. This broad collateral package supports the bank’s lending exposure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/18/2026 - 04:32 PM Accepted by SEC EDGAR 08/18/2026 - 04:31 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 13, 2026

IDT CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		1-16371		22-3415036
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

520 Broad Street Newark, New Jersey		07102
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (973) 438-1000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class		Trading Symbol		Name of each exchange on which registered
Class B common stock, par value $0.01 per share		IDT		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01.

Entry into a Material Definitive Agreement.

On August 13, 2026, IDT Telecom, Inc. (“IDT Telecom”), a subsidiary of IDT Corporation (the “Company”), entered into an amendment (the “Amendment”) to its revolving credit agreement with TD Bank, N.A. (the “Bank”). The Amendment, which is dated as of August 11, 2026, amends the revolving credit facility that was scheduled to mature on August 16, 2026. The Amendment (i) increases the amount of revolving credit that the Bank may extend to IDT Telecom to $50.0 million during the months of May and December of each calendar year, compared to $25.0 million during all other months, (ii) adds National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC as additional corporate guarantors, and (iii) extends the maturity date of the revolving credit facility to July 15, 2029.

All other material terms of the credit agreement remain unchanged, including the existing corporate guarantees provided by IDT Corporation, IDT Domestic Telecom, Inc., IDT America Corp. and Net2Phone, Inc. The credit facility is secured by all of the assets of IDT Telecom, IDT Corporation, IDT Domestic Telecom, IDT America, Net2Phone, National Retail Solutions, Inc., IDT Payment Services, Inc. and IDT Payment Services of New York, LLC.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.01 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit No.		Document
10.01		Fourth Amendment to Second Amended and Restated Credit Agreement, dated as of August 11, 2026, between IDT Telecom, Inc. and TD Bank, National Association.
104		Cover Page Interactive Data File, formatted in Inline XRBL document

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	IDT CORPORATION

	By:	/s/ Shmuel Jonas
	Name:	Shmuel Jonas
	Title:	Chief Executive Officer

Dated: August 17, 2026

EXHIBIT INDEX

Exhibit No.		Document
10.01		Fourth Amendment to Second Amended and Restated Credit Agreement, dated as of August 11, 2026, between IDT Telecom, Inc. and TD Bank, National Association.
104		Cover Page Interactive Data File, formatted in Inline XRBL document

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

EX-10.01 EXHIBIT 10.01 1.0 MB