8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
FactSet Amends Credit Agreement, Extends Maturities and Raises Revolver
Filed with the SEC on · Summarized by InvestorsBot
FactSet Research Systems amended its credit agreement with its lenders and PNC Bank, National Association, as administrative agent, extending the term loan maturity to August 2029 and the revolving facility maturity to August 2031. The amendment also increases revolving commitments from $1.0 billion to $1.5 billion, removes term-loan amortization and eliminates a 0.10% credit spread adjustment for certain borrowings.