debt
confidence high
sentiment neutral
materiality 0.30
ManpowerGroup enters into new $600M revolving credit facility, replaces prior $600M facility
ManpowerGroup Inc.
- Five-year $600M revolving credit facility with JPMorgan Chase as administrative agent.
- Replaces prior $600M facility with Citibank, terminated without penalty.
- Company may request up to $300M increase in commitments under certain conditions.
- Contains customary leverage and fixed charge coverage ratio covenants.