---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-007725"
form_type: "8-K"
ticker: "ABT"
cik: "0000001800"
company_name: "ABBOTT LABORATORIES"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:01:54.178685+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Abbott enters new $5B unsecured revolving credit facility, terminates prior facility

## Summary
- New 5-year revolving credit agreement with JPMorgan Chase as agent, effective Jan 29, 2024.
- Facility allows up to $5B unsecured borrowings; no outstanding borrowings at closing.
- Existing $5B facility dated Nov 2020 was terminated concurrently with no outstanding borrowings.
- Interest based on base rate or SOFR plus margin tied to Abbott's credit ratings.

## SEC filing metadata
- accession: 0001104659-24-007725
- form_type: 8-K
- ticker: ABT
- cik: 0000001800
- company_name: ABBOTT LABORATORIES
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800/000110465924007725/0001104659-24-007725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800/000110465924007725/tm244188d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-007725
- JSON: https://secwatch.observer/filing/0001104659-24-007725.json
- Plain text: https://secwatch.observer/filing/0001104659-24-007725.txt

## Key facts
- Debt Financings
  ABBOTT LABORATORIES incurred revolving credit of up to $5 billion with JPMorgan Chase Bank, N.A. at SOFR rate, plus an applicable margin maturing fifth anniversary of the Effective Date.
  - Instrument: revolving credit
  - Principal: up to $5 billion
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR rate, plus an applicable margin
  - Maturity: fifth anniversary of the Effective Date
  - Event: incurrence
  source text: lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Revolving Credit Agreement provides Abbott with the ability to borrow up to $5 billion on an unsecured basis. Any borrowings under the Revolving Credit Agreement will mature and be payable on the fifth anniversary of the Effective Date. As of the date of this
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800/000110465924007725/0001104659-24-007725-index.htm
- Material Agreements
  ABBOTT LABORATORIES entered into Five Year Credit Agreement with JPMorgan Chase Bank, N.A. valued at $5 billion unsecured borrowing capacity (effective 2024-01-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $5 billion unsecured borrowing capacity
  - Effective: 2024-01-29
  source text: On January 29, 2024 (the “ Effective Date ”), Abbott Laboratories, an Illinois corporation (“ Abbott ”), entered into a Five Year Credit Agreement (the “ Revolving Credit Agreement ”) with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800/000110465924007725/0001104659-24-007725-index.htm
- Material Agreements
  ABBOTT LABORATORIES terminated Five Year Credit Agreement, dated as of November 12, 2020 with JPMorgan Chase Bank, N.A. valued at Terminated all commitments; no outstanding borrowings (effective 2024-01-29).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: Terminated all commitments; no outstanding borrowings
  - Effective: 2024-01-29
  source text: In connection with its entry into the Revolving Credit Agreement, on the Effective Date Abbott terminated all commitments outstanding under the Five Year Credit Agreement, dated as of November 12, 2020 (as amended by that certain Amendment No. 1, dated as of May 12, 2023, the “ Existing Credit Agreement ”), among Abbott, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800/000110465924007725/0001104659-24-007725-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
