Automatic Data Processing Inc.

NASDAQ:ADP   3:59:57 PM EDT
195.23
-1.56 (-0.79%)
Debt Financing / Related

Automatic Data Processing - On June 9, Entered Into $3.75 Billion 364-Day Credit Agreement, $3.20 Billion Five-Year Credit Agreement With Group Of Lenders

Published: 06/10/2021 12:20 GMT
Automatic Data Processing Inc. (ADP) - Automatic Data Processing - on June 9, Entered Into $3.75 Billion 364-day Credit Agreement, $3.20 Billion Five-year Credit Agreement With Group of Lenders.
Automatic Data Processing - Five-year Facility Contains Accordion Feature Under Which Aggregate Commitment Can Be Increased by $500 Million to $3.70 Billion.
Automatic Data Processing Inc - 364-day Facility Replaced Co's Prior $3.225 Billion 364-day Facility, Entered Into on June 10, 2020.
Automatic Data Processing Inc - Five-year Facility Replaced Prior $3.75 Billion Five-year Facility, Entered Into on June 13, 2018.
Automatic Data Processing - Existing $2.75 Billion Five-year Credit Agreement Entered Into on June 12, 2019 Will Continue in Full Force and Effect.