---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-282291"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:16:52.649772+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- New $3.0B revolving credit agreement dated Nov 21, 2023, matures Nov 21, 2028.
- Borrower: Baker Hughes Holdings LLC; Parent guarantor: Baker Hughes Company (BKR).
- Pricing based on ratings: Term SOFR + 0.1% margin plus Applicable Margin (62.5-112.5 bps).
- Prior $3.0B 2019 facility terminated same day; no borrowings were outstanding under it.
- Facility includes customary covenants, cross-acceleration, and bankruptcy events of default.

## SEC filing metadata
- accession: 0001193125-23-282291
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808362/000119312523282291/d243202d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-282291
- JSON: https://secwatch.observer/filing/0001193125-23-282291.json
- Plain text: https://secwatch.observer/filing/0001193125-23-282291.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm

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