By Ben Glickman

Baker 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 Newswires

November 22, 2023 17:13 ET (22:13 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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