By Ben GlickmanBaker Hughes has entered a fresh five-year $3 billion revolving credit facility. The Houston-based oil and gas services company said in a regulatory filing Wednesday that its new credit agreement, for which JPMorgan Chase is acting as administrative agent, will mature Nov. 21, 2028. The new facility replaces a previous five-year, $3 billion facility dated as of Dec. 10, 2019. No borrowings were outstanding under the previous agreement. Write to Ben Glickman at ben.glickman@wsj.com(END) Dow Jones Newswires11-22-23 1713ET

Source: Wall Street Journal November 23, 2023 10:16 UTC