Rockwell Automation Inc.
Rockwell Automation Enters into New $1.5 Billion Credit Agreement
Summary
Rockwell Automation, Inc. has entered into a new $1.5 billion five-year unsecured revolving credit agreement, replacing its previous $1.5 billion credit agreement dated June 29, 2022. The new agreement provides for an option to increase the commitments by up to $750 million and includes customary covenants and events of default. The old agreement was terminated without incurring any early termination penalties.
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About Rockwell Automation Inc.
Rockwell Automation Inc. is a leading provider of industrial automation and information solutions. Its primary function is to enhance operational efficiency and sustainability for a wide range of industries, including automotive, oil and gas, mining, and pharmaceuticals. Rockwell Automation offers a comprehensive portfolio of products and services, such as control systems, industrial components, and software applications that facilitate the integration of automation processes. The company is renowned for its flagship brand, Allen-Bradley, and its innovative software suite, Rockwell Software, which empower users to harness the power of data and optimize production processes. By focusing on smart manufacturing and the Industrial Internet of Things (IIoT), Rockwell Automation supports businesses in achieving greater levels of connectivity, agility, and strategic insight. Headquartered in Milwaukee, Wisconsin, Rockwell Automation plays a pivotal role in the global industrial landscape, driving technological advancements that influence supply chains and production efficiency. Its commitment to innovation and sustainability positions it as a key player in the digital transformation of industrial operations.
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