Baxter International Amends Credit Agreement to Increase Maximum Net Leverage Ratio

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JPMorgan Chase & Co.

JPM

309.13

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Baxter International Inc.

BAX

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+0.87%

Baxter International Inc. has amended its existing five-year credit agreement, originally dated June 11, 2025, with various lenders and JPMorgan Chase Bank, N.A. acting as administrative agent. The amendment, executed on November 25, 2025, adjusts the net leverage ratio covenant, increasing the maximum allowable net leverage ratio for the four fiscal quarters ending December 31, 2025; March 30, 2026; June 30, 2026; and September 30, 2026. This change provides Baxter with increased financial flexibility under the terms of its credit facility.

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