---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-002734"
form_type: "8-K"
ticker: "BDX"
cik: "0000010795"
company_name: "BECTON DICKINSON & CO"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:07:48.416618+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BDX enters into $2.75B revolving credit facility, maturing Sept 2026, with option to increase to $3.25B

## Summary
- New credit agreement provides $2.75B senior unsecured revolving credit facility, including $100M letter of credit and $194M swingline loan subfacilities.
- Facility matures in September 2026, with two possible one-year extensions subject to lender consent.
- Borrowers include BDX and Becton Dickinson Euro Finance S.à r.l.; proceeds for general corporate purposes.
- Financial covenant requires leverage ratio not to exceed 4.25:1.00 (or 4.75:1.00 after a material acquisition).
- Interest rates based on Term SOFR plus margin tied to credit ratings; facility fee from 0.080% to 0.225%.

## SEC filing metadata
- accession: 0001140361-23-002734
- form_type: 8-K
- ticker: BDX
- cik: 0000010795
- company_name: BECTON DICKINSON & CO
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10795/000114036123002734/0001140361-23-002734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10795/000114036123002734/brhc10046929_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-002734
- JSON: https://secwatch.observer/filing/0001140361-23-002734.json
- Plain text: https://secwatch.observer/filing/0001140361-23-002734.txt

## Key facts
- Debt Financings
  BECTON DICKINSON & CO amended revolving credit of $2.75 billion with Citibank, N.A. maturing September, 2026.
  - Instrument: revolving credit
  - Principal: $2.75 billion
  - Counterparty: Citibank, N.A.
  - Maturity: September, 2026
  - Event: amendment
  source text: The Credit Agreement is a senior unsecured revolving credit facility that provides the Company with $2.75 billion of financing
  evidence_url: https://www.sec.gov/Archives/edgar/data/10795/000114036123002734/0001140361-23-002734-index.htm
- Material Agreements
  BECTON DICKINSON & CO amended Credit Agreement with Citibank, N.A. and the lenders named therein valued at $2.75 billion (effective 2023-01-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A. and the lenders named therein
  - Value: $2.75 billion
  - Effective: 2023-01-25
  source text: On January 25, 2023, Becton, Dickinson and Company (the “Company”) and Becton Dickinson Euro Finance S.à r.l., a private limited liability company ( société à responsabilite limitée ) organized and existing under the laws of the Grand Duchy of Luxembourg (“BD Euro Finance”) entered into that certain second amended and restated credit agreement (the “Credit Agreement”) with Citibank, N.A. (“Citibank”) as administrative agent, and the lenders named in the Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/10795/000114036123002734/0001140361-23-002734-index.htm

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