Jabil Inc.
Jabil Inc. Extends Credit Agreement and Amends Interest Rate Adjustments
Summary
On February 23, 2024, Jabil Inc. amended its senior unsecured credit agreement, extending the termination dates of its three-year and five-year revolving credit facilities by one year and modifying the sustainability-linked interest rate adjustments. The amendment is subject to an additional one-year extension option. No other material changes were made to the agreement, which remains in full force and effect.
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About Jabil Inc.
Jabil Inc. is a multinational manufacturing services company that provides design, manufacturing, and supply chain solutions globally. Catering primarily to the electronics manufacturing sector, Jabil Inc. plays a crucial role in the product lifecycle, from concept and design to delivery and logistics. Serving diverse industries such as healthcare, automotive, industrial, and consumer products, Jabil helps companies innovate, scale, and enhance product quality. Its prowess in supply chain management and distribution exemplifies its commitment to operational efficiency and responsiveness, crucial in today’s fast-paced market environments. Headquartered in St. Petersburg, Florida, Jabil’s strategic focus on technological advancements and its expansive global operations underscores its importance as a partner in enabling businesses to bring advanced technological products to market efficiently. This capability enhances its significance in the manufacturing and logistics sectors, making it a key player in the production backbone for many global brands.
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