Mastercard Enters $6 Billion Credit Facility
November 15 2019 - 3:09PM
Dow Jones News
By Dave Sebastian
Mastercard Inc. (MA) said it has entered a five-year unsecured
$6 billion revolving credit facility on Thursday, amending its
prior $4.5 billion credit facility that was to expire on Nov. 15,
2023.
Borrowings under the credit facility, which will expire on Nov.
14, 2024, are available in U.S. dollars and euros for general
corporate purposes, Mastercard said.
Serving as the credit facility's managing administrative agent
is Citibank NA, while JPMorgan Chase Bank NA serves as an
administrative agent.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
November 15, 2019 14:54 ET (19:54 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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