Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Xylem Inc. incurred revolving credit of $1,000,000,000 (available in U.S. dollars and in Euros) with increases of up to $300,000,000 for a maximum aggregate pri with Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC at Borrowings accrue interest at a rate equal to, at the Company’s election, a base maturing Five-Year.
- Instrument
- revolving credit
- Principal
- $1,000,000,000 (available in U.S. dollars and in Euros) with increases of up to $300,000,000 for a maximum aggregate pri
- Counterparty
- Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC
- Rate
- Borrowings accrue interest at a rate equal to, at the Company’s election, a base
- Maturity
- Five-Year
- Event
- incurrence
Exact text from the filing
On March 1, 2023, Xylem Inc. (the “Company”), as borrower, entered into a Five-Year Revolving Credit Facility Agreement (the “2023 Credit Agreement”), a senior unsecured revolving credit facility, in an aggregate principal amount of up to $1,000,000,000 (available in U.S. dollars and in Euros), with a syndicate of lenders arranged by Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, as Lead Arrangers and Joint Bookrunners, and with Citibank, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A, as Syndication Agent, ING Capital LLC, as Sustainability Structuring Agent, and BNP Paribas and Wells Fargo Bank, National Association, as Documentation Agents.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Xylem Inc. terminated 2019 Credit Agreement with Citibank, N.A. valued at $800,000,000 (effective 2023-03-01).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Citibank, N.A.
- Value
- $800,000,000
- Effective
- 2023-03-01
Exact text from the filing
In connection with entering into the 2023 Credit Agreement, on March 1, 2023 the Company terminated the Five-Year Revolving Credit Facility Agreement, dated March 5, 2019 (the “2019 Credit Agreement”), among the Company, certain lenders and Citibank, N.A. as Administrative Agent, which provided for a senior unsecured $800,000,000 revolving credit facility.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Xylem Inc. entered into 2023 Credit Agreement with Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, Citibank, N.A., JPMorgan Chase Bank, N.A, ING Capital LLC, BNP Paribas and Wells Fargo Bank, National Association valued at $1,000,000,000 (effective 2023-03-01).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, Citibank, N.A., JPMorgan Chase Bank, N.A, ING Capital LLC, BNP Paribas and Wells Fargo Bank, National Association
- Value
- $1,000,000,000
- Effective
- 2023-03-01
Exact text from the filing
On March 1, 2023, Xylem Inc. (the “Company”), as borrower, entered into a Five-Year Revolving Credit Facility Agreement (the “2023 Credit Agreement”), a senior unsecured revolving credit facility, in an aggregate principal amount of up to $1,000,000,000
View on SEC.gov