IBM extends maturity of existing $2.5 billion three-year credit facility to June 2029
IBM Corp IBM | 0.00 |
- IBM extended maturities on its revolving credit facilities totaling $10 billion.
- The $2.5 billion Three-Year Credit Agreement maturity moved out one year to June 20, 2029.
- The $7.5 billion Five-Year Credit Agreement maturity moved out one year to June 22, 2031.
- JPMorgan Chase Bank remains administrative agent on both facilities; terms otherwise unchanged.
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