debt
confidence high
sentiment neutral
materiality 0.50
Keysight enters into $750M five-year revolving credit facility expiring July 2026
Keysight Technologies, Inc.
- $750M unsecured revolving credit facility; expires July 30, 2026, with extension options.
- Facility includes an accordion feature allowing an additional $250M in commitments.
- Citibank, N.A. acts as administrative agent; BNP Paribas and BofA as joint lead arrangers.
- Proceeds for general corporate purposes; facility amends and restates prior 2017 credit agreement.
- Covenants include financial ratio maintenance and restrictions on liens and subsidiary debt.