ADP enters into $4.55B 364-day and $2.5B five-year credit facilities

AUTOMATIC DATA PROCESSING INC

New $4.55B 364-day facility expires June 26, 2026; five-year facility matures June 27, 2030.
Replaced prior $4.55B 364-day (2024) and $2.25B five-year (2023) facilities, terminated immediately.
Five-year facility includes $500M accordion feature, raising total capacity to $3B.
Interest based on Term SOFR plus 0.625% (Term Benchmark) or Alternate Base Rate; commitment fees range 0.0175%-0.10%.
Proceeds for general corporate purposes, including refinancing existing indebtedness.

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