secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0000950157-24-000918
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000095015724000918/0000950157-24-000918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000095015724000918/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-24-000918

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer