Form 8-K · Current Report · Filed 2025-07-18
Flex Ltd. Enters into a New $2.75 Billion Credit Facility
On July 15, 2025, Flex Ltd. entered into a new $2.75 billion Credit Agreement with Bank of America, N.A., which replaced the Company's existing $2.5 billion Credit Agreement. The new agreement, maturing on July 15, 2030, includes a $2.75 billion revolving credit facility with sublimits for swing line loans and letters of credit. Borrowings under the new agreement will bear interest at either the Base Rate or Term SOFR plus an applicable margin, and the Company is required to maintain certain financial ratios. The existing Credit Agreement was terminated upon the execution of the new agreement.
- Filer
- Flex Ltd. FLEX · NASDAQ
- Filed
- Accession
- 0000866374-25-000037
- CIK
- 0000866374
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Entry into a Material Definitive Agreement
Termination of a Material Definitive Agreement
Creation of a Direct Financial Obligation
Financial Statements and Exhibits
Market reaction
Close before filing
$53.18
Next session
+0.2%
Since filing
+113.9%
Latest close
$113.75
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from FLEX reporting the same item, with the next session's move:
Exhibits (1)
About Flex Ltd.
Flex Ltd. is a leading manufacturing and supply chain solutions provider that operates on a global scale. The company primarily focuses on developing and delivering innovative product solutions for a broad range of industries including consumer electronics, industrial automation, automotive, healthcare, and energy. Leveraging advanced technologies and supply chain expertise, Flex Ltd. offers comprehensive services ranging from design, engineering, and manufacturing to logistics and post-production support. As a key player in the manufacturing sector, the company enables its clients to streamline their operations, reduce costs, and accelerate time-to-market for new products. Flex Ltd.'s strategic global footprint, encompassing facilities and offices in over 30 countries, highlights its significant role in facilitating a seamless flow of goods across international markets. Founded in 1969 and headquartered in Singapore, Flex Ltd. continues to influence how businesses adapt to evolving technological and market demands with its commitment to efficiency, sustainability, and innovation.
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