secwatch / observer
8-K filed April 25, 2024, 7:59 PM ET ticker TEL CIK 0001385157
debt confidence high sentiment neutral materiality 0.55

TE Connectivity enters $1.5B credit agreement; maturity extended to 2029

TE Connectivity plc

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TE Connectivity plc entered into Second Amended and Restated Five-Year Senior Credit Agreement with the lenders party thereto and Bank of America, N.A. valued at $1,500,000,000 (effective 2024-04-24).

Action
entry
Agreement
credit facility
Counterparty
the lenders party thereto and Bank of America, N.A.
Value
$1,500,000,000
Effective
2024-04-24
Exact text from the filing
On April 24, 2024, TE Connectivity Ltd. (the “Company”) entered into a Second Amended and Restated Five-Year Senior Credit Agreement (the “Credit Agreement”), by and among the Company, as parent guarantor, its wholly-owned subsidiary, Tyco Electronics Group S.A. (“TEGSA”), as borrower, the lenders party thereto (the “Lenders”) and Bank of America, N.A., as administrative agent, which amends and restates the Five-Year Senior Amended and Restated Credit Agreement, dated as of November 14, 2018 (as amended by the First Amendment to Credit Agreement dated as of June 1, 2021 and the Second Amendment to Credit Agreement dated as of October 14, 2022, the “ Existing Credit Agreement ”), by and among the Company, as parent guarantor, TEGSA, as borrower, the lenders party thereto and Bank of America, N.A., as administrative agent, and which provides for revolving credit commitments in the aggregate amount of $1,500,000,000.
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TE Connectivity plc filing history →

Source: SEC EDGAR
accession 0001104659-24-051328
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