JACOBS SOLUTIONS INC. (J): debt financing — Jacobs Solutions enters $2.25B sustainability-linked revolver and amends term loan facilities

The Revolving Credit Agreement provides to JEGI and the other borrowers party thereto from time to time with a sustainability-linked $2,250,000,000 revolving facility, which can be borrowed in U.S. dollars, British Sterling, Euros, Canadian dollars, Australian dollars, Swedish Krona, Singapore dollars and other agreed upon alternative currencies, and amends the Existing Revolving Credit Agreement by, among other things, (a) extending the maturity date to February 6, 2028

On February 6, 2023, Jacobs Solutions Inc. (the “Company”), Jacobs Engineering Group Inc. ( “JEGI”) and certain of JEGI’s wholly owned subsidiaries, as borrowers, entered into a third amended and restated credit agreement (the “Revolving Credit Agreement”) with the lenders party thereto, Bank of America, N.A., as administrative agent, Bank of America, N.A., BNP Paribas, TD Bank, N.A. and Wells Fargo Bank, National Associate, as co-syndication agents, The Bank of Nova Scotia, HSBC Bank USA, National Association and U.S. Bank National Association, as co-documentation agents, and BofA Securities, Inc., BNP Paribas Securities Corp. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, and BofA Securities, Inc., as Sustainability Coordinator.

On February 6, 2023, the Company and JEGI, entered into an amended and restated term loan agreement (the “Amended and Restated Term Loan Agreement”) with the lenders party thereto, Bank of America, N.A., as administrative agent, Bank of America, N.A., BNP Paribas, TD Bank, N.A. and Wells Fargo Bank, National Associate, as co-syndication agents, The Bank of Nova Scotia, National Westminster Bank PLC, and U.S. Bank National Association, as co-documentation agents, and BofA Securities, Inc., BNP Paribas Securities Corp. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, and BofA Securities, Inc., as Sustainability Coordinator.