Form 8-K · Current Report · Filed 2025-06-20
IBM Amends Credit Agreements to Extend Maturities
On June 20, 2025, IBM amended its $2.5 billion Three-Year Credit Agreement to extend its maturity to June 20, 2028, and its $7.5 billion Five-Year Credit Agreement to extend its maturity to June 22, 2030.
- Filer
- International Business Machines Corporation IBM · NYSE
- Filed
- Accession
- 0000950157-25-000533
- CIK
- 0000051143
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
These amendments are detailed in Exhibits 10.1 and 10.2 to this report.
Items reported
Entry into a Material Definitive Agreement
Creation of a Direct Financial Obligation
Financial Statements and Exhibits
Market reaction
Close before filing
$283.21
Next session
+2.1%
Since filing
-21.0%
Latest close
$223.65
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from IBM reporting the same item, with the next session's move:
Exhibits (2)
About International Business Machines Corporation
International Business Machines Corporation, commonly known as IBM, is a global technology and consulting company primarily known for its enterprise solutions. IBM operates in various segments including cloud computing, artificial intelligence (AI), blockchain, and quantum computing, providing critical infrastructure to businesses and governments worldwide. A pivotal player in the IT services industry, IBM offers software products like Watson, a powerful AI system, and collaborates on large-scale data management and analytics projects. IBM is also heavily involved in the IT consulting sector, helping organizations modernize operations through digital transformation initiatives. Headquartered in Armonk, New York since its founding in 1911, the company has been instrumental in driving advancements in computing technology. IBM's contributions significantly impact sectors ranging from healthcare to finance, making it an integral entity within the tech industry and global economy.
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