European Investor
04 Dec 2025, 17:16
Linde secures $1.5 billion 364-day revolving credit facility
Linde plc has entered into a new unsecured 364-day revolving credit agreement totaling $1.5 billion, according to a Form 8-K filed on December 3, 2025. The facility, arranged with Bank of America and a syndicate of lenders, will be available for general corporate purposes and can be drawn in multiple currencies, including USD, GBP, and EUR. The agreement also provides swingline loan capacity of up to $50 million in US dollars and €25 million in euros.
The company and key subsidiaries, including Linde Inc., Linde GmbH, and Linde Finance B.V., are initial borrowers, with Linde plc guaranteeing all subsidiary obligations. Borrowings will bear interest tied to SOFR, EURIBOR, SONIA, or a base rate, plus a ratings-based margin. The credit line expires 364 days after signing, with an option to convert outstanding amounts into a one-year term loan. As of the filing date, no amounts had been drawn under the facility.
Linde plc has entered into a new unsecured 364-day revolving credit agreement totaling $1.5 billion, according to a Form 8-K filed on December 3, 2025. The facility, arranged with Bank of America and a syndicate of lenders, will be available for general corporate purposes and can be drawn in multiple currencies, including USD, GBP, and EUR. The agreement also provides swingline loan capacity of up to $50 million in US dollars and €25 million in euros.
The company and key subsidiaries, including Linde Inc., Linde GmbH, and Linde Finance B.V., are initial borrowers, with Linde plc guaranteeing all subsidiary obligations. Borrowings will bear interest tied to SOFR, EURIBOR, SONIA, or a base rate, plus a ratings-based margin. The credit line expires 364 days after signing, with an option to convert outstanding amounts into a one-year term loan. As of the filing date, no amounts had been drawn under the facility.