Profitelligence Profitelligence · Filing Ledger Open ACN research →

Form 8-K · Current Report · Filed 2024-05-17

Accenture Announces $5.5 Billion Credit Agreement

On May 14, 2024, Accenture plc, as guarantor, and its subsidiaries, as borrowers, entered into a $5.5 billion senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent.

Filer
Accenture plc ACN · NYSE
Filed
Accession
0001467373-24-000157
CIK
0001467373
Signal
Medium impactTechnology

Details

The facility replaces Accenture's prior $3.0 billion credit facility and is available for general corporate purposes. Borrowings will bear interest based on SOFR or other benchmarks with applicable margins.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$308.00

Next session

-0.7%

Since filing

-46.1%

Latest close

$165.92

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ACN reporting the same item, with the next session's move:

Exhibits (1)

About Accenture plc

Accenture plc, a global professional services company, is renowned for its comprehensive portfolio in strategy, consulting, digital, technology, and operations services. The primary function of Accenture is to help its clients optimize business processes, leverage technology, and transform business models to improve efficiency and outcomes. The company serves a vast array of industries including healthcare, financial services, communications, and energy, providing tailored solutions that address the unique challenges and opportunities within each sector. With a strong focus on innovation and technology, Accenture invests significantly in research and development to stay at the forefront of digital advancements. This commitment to innovation positions it as a pivotal player in enabling organizations worldwide to navigate the complexities of the modern digital economy. Headquartered in Dublin, Ireland, Accenture operates in more than 120 countries, exemplifying its significant global footprint and influence in the professional services landscape.

Exchange NYSE Industry Information Technology Services Company website ↗

Never miss another ACN filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts