---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-139604"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:12:59.758872+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Baxter enters $2.2B amended revolving credit facility and $645M term loan amendment

## Summary
- New $2.2B revolver matures June 2030, replacing $2.0B facility and terminating €200M euro facility.
- Term loan of $645M extended to December 2027, proceeds used to prepay existing term loan in full.
- Revolver adds Baxter Healthcare SA and Baxter World Trade SRL as euro borrowers; up to $300M sublimit for euro borrowings.
- Option to increase aggregate commitments by up to $1.1B to $3.3B total.
- Covenants include net leverage ratio; interest rates vary by currency and credit rating.

## SEC filing metadata
- accession: 0001193125-25-139604
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000119312525139604/0001193125-25-139604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000119312525139604/d935958d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-139604
- JSON: https://secwatch.observer/filing/0001193125-25-139604.json
- Plain text: https://secwatch.observer/filing/0001193125-25-139604.txt

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