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Jabil said it entered into an amendment on February 23, 2024 January 22, 2020 to its senior unsecured credit agreement. Citibank, N.A. is the administrative agent.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Jabil said it entered into an amendment on February 23, 2024 January 22, 2020 to its senior unsecured credit agreement. Citibank, N.A. is the administrative agent.

  2. The company extended the termination date of its 3-year revolving credit facility to January 22, 2026 from January 22, 2025, based on the available commitments of extending lenders. At the company's option, the facility can be extended by an additional 1 years.

  3. The company extended the termination date of its 5-year revolving credit facility to January 22, 2028 from January 22, 2027, based on the available commitments of extending lenders. At the company's option, the facility can be extended by an additional 1 years.

  4. The company said the amendment modified certain sustainability-linked adjustments to interest rates applicable to borrowings under its 3-year and 5-year revolving credit facilities. The company said no other material changes were made and the agreement remains in full force and effect.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Entry into Amendment to Credit Agreement

Jabil said it entered into an amendment on February 23, 2024 January 22, 2020 to its senior unsecured credit agreement. Citibank, N.A. is the administrative agent.

Source · Based on the filing body and exhibits

Extension of 3-Year Revolving Credit Facility Termination Date

The company extended the termination date of its 3-year revolving credit facility to January 22, 2026 from January 22, 2025, based on the available commitments of extending lenders. At the company's option, the facility can be extended by an additional 1 years.

Source · Based on the filing body and exhibits

Extension of 5-Year Revolving Credit Facility Termination Date

The company extended the termination date of its 5-year revolving credit facility to January 22, 2028 from January 22, 2027, based on the available commitments of extending lenders. At the company's option, the facility can be extended by an additional 1 years.

Source · Based on the filing body and exhibits

Amendment to Sustainability-Linked Interest Rate Adjustments

The company said the amendment modified certain sustainability-linked adjustments to interest rates applicable to borrowings under its 3-year and 5-year revolving credit facilities. The company said no other material changes were made and the agreement remains in full force and effect.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.