Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
AMAZON COM INC incurred credit facility of $10.0 billion with JPMorgan Chase Bank, N.A. at Secured Overnight Financing Rate plus 0.45% maturing 364 days, may be extended for an additional period of 364 days.
- Instrument
- credit facility
- Principal
- $10.0 billion
- Counterparty
- JPMorgan Chase Bank, N.A.
- Rate
- Secured Overnight Financing Rate plus 0.45%
- Maturity
- 364 days, may be extended for an additional period of 364 days
- Event
- incurrence
Exact text from the filing
On November 18, 2022, Amazon.com, Inc. (the “Company”), JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto entered into a 364-day revolving credit agreement (the “Short-Term Credit Agreement”). The Short-Term Credit Agreement provides the Company with an unsecured revolving credit facility with a borrowing capacity of up to $10.0 billion. The term of the Short-Term Credit Agreement is 364 days, but it may be extended for an additional period of 364 days. The initial interest rate applicable to outstanding balances under the Short-Term Credit Agreement is the Secured Overnight Financing Rate plus 0.45%, with a commitment fee of 0.05% on the undrawn portion of the credit facility.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMAZON COM INC entered into Short-Term Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto valued at up to $10.0 billion (effective 2022-11-18).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto
- Value
- up to $10.0 billion
- Effective
- 2022-11-18
Exact text from the filing
On November 18, 2022, Amazon.com, Inc. (the “Company”), JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto entered into a 364-day revolving credit agreement (the “Short-Term Credit Agreement”).
View on SEC.gov