Illinois Tool Works Signs $3 Billion Five-Year Credit Agreement

Reuters

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Illinois Tool Works Signs $3 Billion Five-Year Credit Agreement

Illinois Tool Works Inc. entered into a new $3.0 billion five-year revolving credit agreement on Feb. 20, 2026 with JPMorgan Chase Bank as agent, Citibank as syndication agent, and a syndicate of lenders, replacing its prior revolver that had been set to mature in October 2027. The company said no amounts were outstanding under either facility at closing, and the agreement includes variable-rate borrowing options, an unused commitment fee, and an option to request an increase of the facility up to $5.0 billion, subject to lender approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Illinois Tool Works Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-061771), on February 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 0001193125-26-061771), on February 23, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260223:nNDLJTBFc:1","article_id":"2613786377","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613786377","pubTimestamp":1771844498,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Illinois Tool Works Inc. entered into a new $3.0 billion five-year revolving credit agreement on Feb. 20, 2026 with JPMorgan Chase Bank as agent, Citibank as syndication agent, and a syndicate of lenders, replacing its prior revolver that had been set to mature in October 2027. The company said no amounts were outstanding under either facility at closing, and the agreement includes variable-rate borrowing options, an unused commitment fee, and an option to request an increase of the facility up to $5.0 billion, subject to lender approval.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The company said no amounts were outstanding under either facility at closing, and the agreement includes variable-rate borrowing options, an unused commitment fee, and an option to request an increase of the facility up to $5.0 billion, subject to lender approval.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Illinois Tool Works Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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