secwatch.observer — SEC 8-K summary
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Issuer:     PAYCHEX INC (PAYX)
CIK:        0000723531
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000950170-23-001997
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paychex extends $250M revolving credit facility maturity to 2026
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- Amendment No. 2 extends maturity of $250M unsecured revolver from Feb 6, 2023 to Feb 6, 2026.
- No changes to existing terms besides maturity extension and ministerial updates.
- Credit facility between Paychex Advance LLC (borrower) and Paychex, Inc. (parent) with PNC Bank as agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723531/000095017023001997/0000950170-23-001997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723531/000095017023001997/payx-20230203.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001997

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