debt
confidence high
sentiment neutral
materiality 0.30
Dover enters $500M 364-day revolving credit facility, replaces expiring one
DOVER Corp
- $500 million 364-day revolving credit agreement with 12 banks and JPMorgan as agent, dated April 4, 2024.
- Facility matures April 3, 2025, with option to extend to April 3, 2026 if conditions met.
- Intended for working capital, general corporate purposes, and to repay other debt.
- Replaced existing $500M 364-day facility that expired April 4, 2024.