Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
INSIGHT ENTERPRISES INC amended revolving credit of $2,000 million with JPMorgan Chase Bank, N.A. maturing December 19, 2030.
- Instrument
- revolving credit
- Principal
- $2,000 million
- Counterparty
- JPMorgan Chase Bank, N.A.
- Maturity
- December 19, 2030
- Event
- amendment
Exact text from the filing
The Sixth Amendment amended the ABL Credit Agreement to, among other things: (i) increase the senior revolving credit facility (the "ABL Facility") provided for under the ABL Credit Agreement from the U.S. dollar equivalent of $1,800 million to the U.S. dollar equivalent of $2,000 million ($1,650 million of which is available for borrowings by the Borrowers organized in the United States in U.S. dollars, and the U.S. dollar equivalent of $350 million of which is available for borrowings by the Borrowers in U.S. dollars, euros, pounds sterling and, for Borrowers organized in Australia only, Australian dollars; provided that borrowings by Borrowers organized in Australia are only available in Australian dollars or U.S. dollars); (ii) extend the maturity of the ABL Facility from July 22, 2027 to December 19, 2030; and (iii) increases our flexibility around the sale of receivables.
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