Form 8-K · Current Report · Filed 2025-02-05
AbbVie Inc. Enters into Revolving Credit Agreement
On January 30, 2025, AbbVie Inc. entered into a revolving credit agreement with lenders, led by JPMorgan Chase Bank, N.A., as administrative agent. The agreement establishes an unsecured revolving credit facility of up to $3.0 billion, which matures on January 30, 2030. This facility supplements AbbVie's existing $5.0 billion revolver, bringing the total available revolving credit facilities to $8.0 billion.
- Filer
- AbbVie Inc. ABBV · NYSE
- Filed
- Accession
- 0001104659-25-009673
- CIK
- 0001551152
- Signal
- Low impactHealthcare
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Market reaction
Close before filing
$189.95
Next session
+1.6%
Since filing
+32.1%
Latest close
$250.94
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Precedent
Previous filings from ABBV reporting the same item, with the next session's move:
About AbbVie Inc.
AbbVie Inc. is a prominent biopharmaceutical company that focuses on developing innovative therapies addressing some of the world's most challenging diseases. Originating from a 2013 spinoff of Abbott Laboratories, AbbVie is dedicated to the research and production of pharmaceutical products designed to improve patient outcomes globally. With a robust portfolio, the company specializes in treatments for autoimmune conditions, infectious diseases, oncology, and ophthalmology. Among its flagship products is Humira, widely used for rheumatoid arthritis and inflammatory conditions, which has established AbbVie as a leader in this therapeutic area. The company also invests heavily in research and development, resulting in a pipeline of promising drugs designed to cater to unmet medical needs. AbbVie operates in North America and international markets, serving healthcare providers, researchers, and patients. Its commitment to scientific innovation and high-quality manufacturing standards has positioned it as an influential entity in the healthcare and pharmaceuticals sector.
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