secwatch / observer
8-K filed March 21, 2024, 7:59 PM ET ticker BAX CIK 0000010456
debt confidence high sentiment neutral materiality 0.60

Baxter amends credit agreements to ease net leverage ratio through Q3 2025

BAXTER INTERNATIONAL INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BAXTER INTERNATIONAL INC amended USD Revolving Fourth Amendment with various lenders and JPMorgan Chase Bank, National Association, as Administrative Agent (effective 2024-03-21).

Action
amendment
Agreement
credit facility
Counterparty
various lenders and JPMorgan Chase Bank, National Association, as Administrative Agent
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, Baxter entered into a fourth amendment (the “ USD Revolving Fourth Amendment ”) to the existing $2.5 billion, five-year revolving credit agreement, dated as of September 30, 2021
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BAXTER INTERNATIONAL INC amended Term Loan Fourth Amendment with various lenders and JPMorgan Chase Bank, National Association, as Administrative Agent (effective 2024-03-21).

Action
amendment
Agreement
credit facility
Counterparty
various lenders and JPMorgan Chase Bank, National Association, as Administrative Agent
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, Baxter International Inc. (“ Baxter ”) entered into a fourth amendment (the “ Term Loan Fourth Amendment ”) to the existing $4.0 billion term loan credit facility, dated as of September 30, 2021
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BAXTER INTERNATIONAL INC amended Euro Amendment with Baxter Healthcare SA and Baxter World Trade SRL, as Borrowers, their existing lender group, Baxter, as Guarantor, and J.P. Morgan SE, as Administrative Agent (effective 2024-03-21).

Action
amendment
Agreement
credit facility
Counterparty
Baxter Healthcare SA and Baxter World Trade SRL, as Borrowers, their existing lender group, Baxter, as Guarantor, and J.P. Morgan SE, as Administrative Agent
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, Baxter Healthcare SA and Baxter World Trade SRL, as Borrowers (the “ Euro Borrowers ”), their existing lender group, Baxter, as Guarantor, and J.P. Morgan SE, as Administrative Agent, entered into a third guaranty amendment (the “ Euro Amendment ”) to the existing amended and restated guaranty agreement, dated as of October 1, 2021
View on SEC.gov

547 material agreements filed in the last 30 days. Browse all material agreements →

BAXTER INTERNATIONAL INC filing history →

Source: SEC EDGAR
accession 0001628280-24-012545
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