Intuit Inc. has entered into a new Credit Agreement with a group of lenders led by JPMorgan Chase Bank, N.A., replacing its previous agreement from February 2024. The new agreement establishes a $2.2 billion unsecured revolving credit facility set to expire on January 9, 2031. Intuit may use the proceeds for working capital and other general corporate purposes and has the option, subject to certain conditions, to increase commitments under the facility by up to $4 billion. The company may also extend the maturity date of the facility, subject to certain limitations. As of now, Intuit has not borrowed any funds under the new facility.
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. Intuit 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: 0000896878-26-000004), on January 12, 2026, and is solely responsible for the information contained therein.
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