secwatch / observer
8-K filed November 22, 2023, 6:59 PM ET ticker BKR CIK 0001701605
debt confidence high sentiment neutral materiality 0.50

Baker Hughes enters $3B 5-year revolving credit facility, replacing prior facility

Baker Hughes Co

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Baker Hughes Co terminated 2019 Credit Agreement with JPMorgan Chase Bank, N.A. valued at Terminated $3,000,000,000 revolving credit facility (effective 2023-11-21).

Action
termination
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
Terminated $3,000,000,000 revolving credit facility
Effective
2023-11-21
Exact text from the filing
On November 21, 2023, in connection with BHH LLC’s entry into the New Credit Agreement, BHH LLC terminated its existing five-year committed $3.0 billion revolving credit agreement dated as of December 10, 2019 (the “2019 Credit Agreement”), among BHH LLC, certain lenders party thereto, and the Administrative Agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Baker Hughes Co entered into New Credit Agreement with JPMorgan Chase Bank, N.A. valued at $3,000,000,000 revolving credit facility (effective 2023-11-21).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
$3,000,000,000 revolving credit facility
Effective
2023-11-21
Exact text from the filing
On November 21, 2023, Baker Hughes Holdings LLC (“BHH LLC”), as borrower, and Baker Hughes Company (“BHC”), as parent guarantor, entered into a Credit Agreement (the “New Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Administrative Agent”), as administrative agent, and certain lenders party thereto for the provision of a revolving credit facility.
View on SEC.gov

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Baker Hughes Co filing history →

Source: SEC EDGAR
accession 0001193125-23-282291
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