Loan & DebtMar 30, 2026, 02:02 AM
Linde Enters $1.5 Billion Revolving Credit Agreement
AI Summary
Linde plc entered into a $1.5 billion unsecured 364-day revolving credit agreement with Bank of America, N.A., and a syndicate of banking institutions. The credit agreement is available for general corporate purposes and provides flexibility with borrowing in multiple currencies, offering financial stability and operational agility.
Key Highlights
- Linde and its subsidiaries entered into a $1.5 billion unsecured revolving credit agreement.
- The agreement includes commitments for swingline loans of up to $50 million (USD) and €25 million (EUR).
- The credit agreement is for general corporate purposes and expires in 364 days.
Price Impact
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