Brief: TechnipFMC PLC Enters Into Fifth Amendment To Its Credit Agreement

TechnipFMC

25/04/2023 22:50

April 25 (Reuters) - TechnipFMC PLC  1T1.F :
    * TECHNIPFMC PLC - ON APRIL 24, ENTERED INTO A FIFTH
AMENDMENT TO
ITS CREDIT AGREEMENT
    * TECHNIPFMC PLC - AMENDMENT NO. 5 INCREASES COMMITMENTS
AVAILABLE
TO COMPANY UNDER CREDIT AGREEMENT TO $1.25 BILLION
    * TECHNIPFMC PLC - AMENDMENT NO. 5 EXTENDS TERM OF CREDIT
AGREEMENT TO FIVE YEARS FROM DATE OF AMENDMENT NO. 5
    * TECHNIPFMC PLC - CREDIT AGREEMENT ALSO PROVIDES FOR A $250
MILLION LETTER OF CREDIT SUB-FACILITY
    * TECHNIPFMC PLC - ON APRIL 24, 2023, ENTERED INTO A NEW
$500
MILLION FIVE-YEAR SENIOR SECURED PERFORMANCE LETTERS OF CREDIT
FACILITY
    * TECHNIPFMC PLC - COMMITMENTS UNDER PERFORMANCE LC CREDIT
AGREEMENT MAY BE INCREASED TO $1 BILLION

Source: (https://shorturl.at/rIKUY)
Further company coverage:  1T1.F 

 ((Reuters.Briefs@thomsonreuters.com;))