AUTOMATIC DATA PROCESSING INC 8K

Automatic Data Processing, Inc. entered into a new US$3.5 billion five-year multi-currency revolving credit facility to fund general corporate purposes and refinance existing credit agreements.

Automatic Data Processing, Inc. entered into a new US$3.5 billion five-year unsecured syndicated revolving credit agreement dated as of June 26, 2026 with a bank group led by JPMorgan Chase Bank, N.A. as administrative agent, providing separate US, Canadian, and Euro tranche commitments (approximately US$2.94 billion, US$325.7 million, and US$238 million equivalent, respectively) and an uncommitted incremental loan feature, with proceeds available for general corporate purposes including refinancing indebtedness under the company’s existing 364-day and five-year credit agreements. The facility includes customary representations, covenants (including negative pledge, sale-leaseback limitations, and restrictions on fundamental changes), events of default, benchmark interest rate fallback mechanics, multi-currency borrowing capabilities, and allows designated borrowing subsidiaries in the U.S., Canada, and Europe to access funding, with fees and interest margins tied to ADP’s long-term credit ratings.

Filing Facts

CIK

8670

Ticker

ADP

Form

8K

Source Type

sec

Accession

0000950142-26-001884

Alert Tier

9