IBM Extends Credit Agreements, Amends $2.5 Billion and $7.5 Billion Loans to 2028 and 2030

Reuters

06-21

<a href="https://laohu8.com/S/IBM">IBM</a> Extends Credit Agreements, Amends $2.5 Billion and $7.5 Billion Loans to 2028 and 2030

On June 20, 2025, IBM entered into significant amendments to its existing credit agreements, enhancing its financial flexibility. The company executed Amendment No. 2 to a $2.5 billion Three-Year Credit Agreement and a $7.5 billion Five-Year Credit Agreement, originally established on June 22, 2021. These amendments extend the maturity of the Three-Year Credit Agreement to June 20, 2028, and the Five-Year Credit Agreement to June 22, 2030. The agreements were made with several banks and financial institutions, including JPMorgan Chase Bank, BNP Paribas, Citibank N.A., and the Royal Bank of Canada, serving as Syndication Agents. These changes are part of IBM's strategy to strengthen its financial standing, ensuring continued support for its operations and growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBM - International Business Machines Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950157-25-000533), on June 20, 2025, and is solely responsible for the information contained therein.

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The company executed Amendment No. 2 to a $2.5 billion Three-Year Credit Agreement and a $7.5 billion Five-Year Credit Agreement, originally established on June 22, 2021. These amendments extend the maturity of the Three-Year Credit Agreement to June 20, 2028, and the Five-Year Credit Agreement to June 22, 2030. The agreements were made with several banks and financial institutions, including JPMorgan Chase Bank, <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>, Citibank N.A., and the Royal Bank of Canada, serving as Syndication Agents. These changes are part of IBM's strategy to strengthen its financial standing, ensuring continued support for its operations and growth initiatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBM - International Business Machines Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950157-25-000533), on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL20G8Gg:1","article_id":"2545108219","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545108219","pubTimestamp":1750453256,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"On June 20, 2025, IBM entered into significant amendments to its existing credit agreements, enhancing its financial flexibility. 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The agreements were made with several banks and financial institutions, including JPMorgan Chase Bank, BNP Paribas, Citibank N.A., and the Royal Bank of Canada, serving as Syndication Agents. These changes are part of IBM's strategy to strengthen its financial standing, ensuring continued support for its operations and growth initiatives.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBM - International Business Machines Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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