Cerner Corp.

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Debt Financing / Related

Cerner Corp Says On Dec 30, 2021 Entered Fourth Amended And Restated Credit Agreement With Syndicate Of Lenders Identified In Credit Agreement

Published: 01/04/2022 21:25 GMT
Cerner Corp. (CERN) - Cerner Corp - on Dec 30, 2021, Co Entered Fourth Amended and Restated Credit Agreement With Syndicate of Lenders Identified in Credit Agreement.
Cerner - Credit Agreement Replaces, Extends Unsecured Line of Credit Under Certain Third Amended, Restated Credit Agreement Dated As of Nov 5, 2019.
Cerner Corp - Credit Agreement is a Five-year Revolving Credit Facility, With Two 1-year Extension Options.
Cerner Corp - Credit Agreement Includes Revolving Credit Loan Facility of Up to $1.25 Billion at Any Time Outstanding.
Cerner Corp - Agreement Includes Letter of Credit Facility of Up to $200 Million at Any Time Outstanding, Which is Sub-facility of Revolving Loan Facility.
Cerner - Credit Agreement Includes Accordion Feature Allowing an Increase of Credit Facility of Up to an Additional $500 Million at Any Time Outstanding.
Cerner - As of Date of Credit Agreement, $600 Million Was Outstanding Under Credit Agreement, in Addition to Letters of Credit.