debt
confidence high
sentiment neutral
materiality 0.15
HP Inc. amends revolving credit facility to transition from LIBOR to Term SOFR
HP INC
- Amendment replaces LIBO rate loans with Term SOFR plus 0.10% spread in the $X sustainability-linked revolver (amount not disclosed in filing).
- No changes to commitment amounts, maturity, fees, or other economic terms.
- Effective August 23, 2022; all lenders consented via executed amendment.