Baxter International Inc. has announced the successful amendment and restatement of its existing financing agreements, enhancing its financial flexibility. On June 11, 2025, Baxter entered into a $2.2 billion Amended and Restated Five-Year Credit Agreement, which updates the previous $2 billion revolving credit agreement from September 2021. This agreement, with JPMorgan Chase Bank, N.A. as the Administrative Agent, extends the maturity date and introduces new terms. Additionally, Baxter has restructured its term loan agreement, totaling $645 million, with a maturity date set for December 14, 2027. These amendments aim to optimize Baxter's financial arrangements and are aligned with customary covenants and default events.
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