secwatch.observer — SEC 8-K summary
======================================

Issuer:     Salesforce, Inc. (CRM)
CIK:        0001108524
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001193125-25-145772
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salesforce enters $4B 364-day and $2B 3-year credit facilities to finance Informatica acquisition
--------------------------------------------------------------------------------

- 364-Day Credit Agreement provides up to $4B unsecured, due 364 days after closing, to fund Informatica deal.
- Three-Year Credit Agreement provides up to $2B unsecured, due three years after closing, for same purpose.
- Loans bear interest at ABR or term SOFR plus margin based on Salesforce's credit ratings; not yet funded.
- Both facilities include customary covenants, default events, and commitment fees after 120 days from June 20, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108524/000119312525145772/0001193125-25-145772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108524/000119312525145772/d71627d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-145772

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer