Xylem signs USD 1.5 billion five-year revolving credit facility led by Citibank
Reuters2026/09/09 10:09- Xylem entered a five-year senior unsecured revolving credit facility on Sept. 8, 2026, totaling USD 1.5 billion.
- Facility includes an option to increase commitments by up to USD 500 million, lifting total capacity to USD 2 billion.
- Citibank serves as administrative agent for a lender syndicate arranged by Citibank, BNP Paribas, ING, JPMorgan, Wells Fargo.
- Borrowings priced off base rate or Term SOFR or EURIBOR, with margins tied to credit ratings, adjusted for sustainability metrics.
- Agreement replaced a USD 1 billion five-year revolver signed March 1, 2023, which was terminated on Sept. 8, 2026.
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