Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
CISCO SYSTEMS, INC. incurred revolving credit of $5.0 billion with Bank of America, N.A. at margin based on Cisco's senior debt credit ratings plus Term SOFR, Base Rate, EU maturing five year.
- Instrument
- revolving credit
- Principal
- $5.0 billion
- Counterparty
- Bank of America, N.A.
- Rate
- margin based on Cisco's senior debt credit ratings plus Term SOFR, Base Rate, EU
- Maturity
- five year
- Event
- incurrence
Exact text from the filing
“Lenders”) and Bank of America, N.A. (“Bank of America”), as administrative agent, swing line lender and a letter of credit issuer. The Credit Agreement provides for a five year $5.0 billion unsecured revolving credit facility (the “Facility”), which includes a $250 million sublimit for the issuance of standby letters of credit, a $250 million sublimit for swingline
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CISCO SYSTEMS, INC. amended Third Amended and Restated Credit Agreement with certain lenders party thereto and Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer valued at $5.0 billion (effective 2024-02-02).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- certain lenders party thereto and Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer
- Value
- $5.0 billion
- Effective
- 2024-02-02
Exact text from the filing
On February 2, 2024, Cisco Systems, Inc. ("Cisco") entered into the Third Amended and Restated Credit Agreement (the "Credit Agreement") by and among Cisco, certain lenders party thereto (the "Lenders") and Bank of America, N.A. ("Bank of America"), as administrative agent, swing line lender and a letter of credit issuer. The Credit Agreement provides for a five year $5.0 billion unsecured revolving credit facility
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