ADP enters into $3.75B 364-day credit facility, replacing prior facility

AUTOMATIC DATA PROCESSING INC

New $3.75B 364-Day Credit Agreement executed July 1, 2022, replacing prior facility of same size.
Facility includes competitive advance and revolving credit options, with Term SOFR-based pricing.
Commitments expire June 30, 2023, with option to extend to June 30, 2024.
JPMorgan Chase is Administrative Agent; proceeds for general corporate purposes.

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