Baker Hughes Enters New $3 Billion Credit Facility
November 22 2023 - 4:28PM
Dow Jones News
By Ben Glickman
Baker Hughes has entered a fresh five-year $3 billion revolving
credit facility.
The Houston-based oil and gas services company said in a
regulatory filing Wednesday that its new credit agreement, for
which JPMorgan Chase is acting as administrative agent, will mature
Nov. 21, 2028.
The new facility replaces a previous five-year, $3 billion
facility dated as of Dec. 10, 2019. No borrowings were outstanding
under the previous agreement.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
November 22, 2023 17:13 ET (22:13 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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