Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
JUNIPER NETWORKS INC incurred credit facility of $500 million unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at adjusted term SOFR rate plus a margin of between 0.875% and 1.500% maturing June 15, 2028.
- Instrument
- credit facility
- Principal
- $500 million unsecured revolving credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- adjusted term SOFR rate plus a margin of between 0.875% and 1.500%
- Maturity
- June 15, 2028
- Event
- incurrence
Exact text from the filing
Credit Agreement”), which agreement was terminated substantially concurrently with the Company entering into the New Credit Agreement. The New Credit Agreement provides for a $500 million unsecured revolving credit facility, with an option of the Company to increase the amount of the credit facility by up to an additional $200 million of new commitments, subject
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
JUNIPER NETWORKS INC entered into Credit Agreement (New Credit Agreement) with JPMorgan Chase Bank, N.A. (JP Morgan) valued at $500 million unsecured revolving credit facility (option to increase by up to $200 million) (effective 2023-06-15).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A. (JP Morgan)
- Value
- $500 million unsecured revolving credit facility (option to increase by up to $200 million)
- Effective
- 2023-06-15
Exact text from the filing
On June 15, 2023, Juniper Networks, Inc. (“we”, “our” or the “Company”) entered into a Credit Agreement (the “New Credit Agreement”) among the Company, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. (“JP Morgan”), as administrative agent.
View on SEC.gov