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SELECTED TRANSACTION DETAILS
JPMorgan Chase Agents $900MM in Revolving Credit Facilities for Progress
Friday, March 8, 2024

Lenders/Participants JPMorgan Chase Bank [Administrative Agent, Joint Bookrunner, Joint Lead Arranger]
Bank of America [Syndication Agent, Joint Bookrunner, Joint Lead Arranger]
Citibank [Syndication Agent, Joint Bookrunner, Joint Lead Arranger]
Wells Fargo Bank [Syndication Agent, Joint Bookrunner, Joint Lead Arranger]
Citizens Bank [Documentation Agent]
PNC Bank [Documentation Agent]
Silicon Valley Bank [Documentation Agent]
TD Bank [Documentation Agent]
First-Citizens Bank & Trust Company [Documentation Agent]
Structure Revolving Credit Facilities
Amount $900.000 Million
Borrower(s) Progress
Description A Fourth Amended and Restated Credit Agreement, which provides a revolving credit facility in an aggregate principal amount of $900 million, and replaces the Company’s existing secured credit facilities. The revolving facilities under the Amended Credit Agreement will mature on March 7, 2029. As of the closing date, the Amended Credit Agreement has no term loan facility and there are no revolving credit loans outstanding.
Industry Technology
Location MA
Related Tags Citibank, Citizens Bank, JPMorgan Chase Bank, PNC Bank, Silicon Valley Bank, TD Bank, Wells Fargo Bank




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