debt
confidence high
sentiment positive
materiality 0.65
Insight Enterprises amends credit agreement: facility increased to $1.8B, maturity extended to 2027
INSIGHT ENTERPRISES INC
- ABL revolver raised from $1.2B to $1.8B; $1.45B for U.S. borrowers, $350M multi-currency.
- Maturity extended from August 2024 to July 2027.
- Accordion increased from $500M to $750M; new uncommitted FILO facility of $100M added.
- Australian subsidiaries added as borrowers and guarantors under the facility.