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TE Connectivity ( (TEL) ) has shared an update.
On February 13, 2026, TE Connectivity plc entered into a new five-year senior revolving credit facility of $3 billion through its subsidiary Tyco Electronics Group S.A., replacing an existing $1.5 billion unsecured facility that was concurrently terminated without penalty ahead of its April 2029 expiry. The new facility, which backs the company’s commercial paper program, matures on February 13, 2031 with options for up to two one-year extensions and an accordion feature of up to $1 billion.
Borrowings can be made in U.S. dollars, euro, sterling and yen at benchmark-based floating rates plus a margin tied to TEGSA’s long-term unsecured credit rating, and TE must pay an annual facility fee ranging from 5.0 to 12.5 basis points on lender commitments. The agreement includes a leverage covenant capping consolidated total debt to EBITDA at 3.75x, or 4.25x following qualifying acquisitions, underscoring lender discipline while significantly enhancing TE Connectivity’s committed liquidity and financial flexibility.
The most recent analyst rating on (TEL) stock is a Buy with a $285.00 price target. To see the full list of analyst forecasts on TE Connectivity stock, see the TEL Stock Forecast page.
Spark’s Take on TEL Stock
According to Spark, TipRanks’ AI Analyst, TEL is a Outperform.
The score is driven primarily by strong financial performance and a constructive earnings outlook (record orders, margin expansion, and confident FY26 guidance). Offsetting this are a weaker near-term technical picture and a relatively high P/E with only a modest dividend yield.
To see Spark’s full report on TEL stock, click here.
More about TE Connectivity
TE Connectivity plc operates in the electronics and connectivity industry through subsidiaries including TE Connectivity Switzerland Ltd. and Tyco Electronics Group S.A. The company finances its operations partly via bank credit facilities and a commercial paper program, working with a syndicate of global lenders and using multi-currency borrowing capabilities to support its capital structure and liquidity management.
Average Trading Volume: 2,153,245
Technical Sentiment Signal: Buy
Current Market Cap: $69.31B
For an in-depth examination of TEL stock, go to TipRanks’ Overview page.