IBM extends $2.5B three-year and $7.5B five-year credit facilities by one year

INTERNATIONAL BUSINESS MACHINES CORP

Extended $2.5B Three-Year Credit Agreement maturity to June 20, 2027.
Extended $7.5B Five-Year Credit Agreement maturity to June 22, 2029.
All other terms and lender commitments (22 banks) remain unchanged.
No new borrowing; extensions maintain existing revolving credit commitments.

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