Broadridge enters $1.5 billion unsecured revolving credit agreement with JPMorgan as agent
Broadridge Financial Solutions entered an amended and restated credit agreement on December 11, 2024, providing $1.5 billion of senior unsecured revolving credit, replacing its April 23, 2021 facility. The five-year agreement adds capacity for borrowing and can be expanded by up to $500.0 million, which gives the company a larger committed credit line, though it also carries covenants and a leverage ratio limit.
Key points
- Facilities total $1.5 billion: a $1.0 billion US Dollar tranche and multicurrency tranches totaling $500.0 million
- Five-year term; commitments replace those under the April 23, 2021 credit agreement
- Revolving loans initially priced at Adjusted Term SOFR plus 1.00% per annum, with a 0.125% facility fee, both subject to ratings-based adjustments
- Agreement permits up to $500.0 million of additional revolving commitments and may be prepaid without premium or penalty
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.