IBM Extends Maturity Dates for $10 Billion in Revolving Credit Facilities

International Business Machines Corporation (IBM) has extended the maturity dates for two of its primary revolving credit facilities, totaling $10 billion. The company extended a $2.5 billion agreement and a $7.5 billion agreement, both by one year, securing its credit capacity for a longer term with its existing syndicate of lenders.

Key Details

• $2.5B Three-Year Credit Agreement: The maturity date has been extended by one year to June 20, 2029.
• $7.5B Five-Year Credit Agreement: The maturity date has been extended by one year to June 22, 2031.
• Terms: The extensions were executed on June 22, 2026, and all other terms and conditions of the existing credit agreements remain unchanged.