debt
confidence high
sentiment neutral
materiality 0.60
AbbVie enters $3.0 billion revolving credit facility maturing in 2030
AbbVie Inc.
- On January 30, 2025, AbbVie entered a $3.0 billion unsecured revolving credit agreement with JPMorgan Chase as agent.
- The new facility matures on January 30, 2030, and AbbVie had no borrowings outstanding on the effective date.
- AbbVie's existing $5.0 billion revolver maturing in March 2028 remains in effect, bringing total revolving capacity to $8.0 billion.
- Borrowings under the facility bear variable interest rates and are subject to customary covenants.