Motorola Solutions has arranged a US$1.5bn revolving credit agreement, according to an SEC filing published on 10 January.
The document shows that JP Morgan, Citigroup, Deutsche Bank, and Merrill Lynch, Pierce, Fenner & Smith acted as joint…
Motorola Solutions has arranged a US$1.5bn revolving credit agreement, according to an SEC filing published on 10 January.
The document shows that JP Morgan, Citigroup, Deutsche Bank, and Merrill Lynch, Pierce, Fenner & Smith acted as joint bookrunners.
The list of commitments shows that JP Morgan, Citibank, Bank of America, and Deutsche Bank each hold US$136.25m.
17 other banks hold smaller amounts.
The pricing is reportedly 175bp over Libor with a 25bp undrawn fee.
