Baxter International Inc 8-K, filed Feb 25, 2020
Baxter International Inc (BAX)
About this 8-K
Baxter International Inc filed this 8-K on February 25, 2020, reporting on events of February 21, 2020.
Items reported
- Item 8.01: Other events
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| Item 8.01 | Other Events. |
On February 21, 2020, Baxter International Inc. (“Baxter” or the “Company”) entered into Amendment No. 1 to its existing $2.0 billion, five-year revolving credit agreement, dated as of December 20, 2019, with JPMorgan Chase Bank, National Association, as Administrative Agent, and the various lenders thereto. The amendment provides an extension of the required delivery date for the Company’s (i) quarterly financial statements, with respect to the fiscal quarter ended September 30, 2019, and (ii) annual financial statements, with respect to the year ended December 31, 2019, in each case to March 31, 2020.
Additionally, on the same date, the Company entered into Amendment No. 1 to its guaranty (the “Guaranty”) of Baxter Healthcare SA’s and Baxter World Trade SPRL’s existing €200 million, five-year revolving credit agreement, dated as of December 20, 2019, with J.P. Morgan Europe Limited, as Administrative Agent, and the various lenders thereto. The amendment to the Guaranty provides the same extension of the required delivery dates for the Company’s quarterly financial statements (with respect to the fiscal quarter ended September 30, 2019) and annual financial statements (with respect to the fiscal year ended December 31, 2019) to March 31, 2020.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| February 25, 2020 |
BAXTER INTERNATIONAL INC. | |||||
| By: |
/s/ Ellen K. McIntosh | |||||
| Name: |
Ellen K. McIntosh | |||||
| Title: |
Senior Vice President, Associate General Counsel and Corporate Secretary | |||||