Eaton enters new $2.5B 5-year revolving credit facility; upsizes from $2.0B

Eaton Corp plc

New $2.5B 5-year revolving credit agreement matures Oct 3, 2027; replaces $2.0B facility.
New $500M 364-day revolving credit agreement matures Oct 2, 2023; replaces prior $500M facility.
Borrowers may request up to $750M in commitment increases under the 5-year facility.
Existing 5-year facility terminated with no loans outstanding; fees range 5–12.5 bps (5-yr) and 3–10 bps (364-day).
Facilities support general corporate purposes; Citibank, JPMorgan, BofA act as arrangers.

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