HALLIBURTON COMPANY (NYSE:HAL) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.Entry into a Material Definitive Agreement.
On March 5, 2019, Halliburton entered into a U.S. $3,500,000,000 Five Year Revolving Credit Agreement among Halliburton, as Borrower, the Banks party thereto, and Citibank, N.A., as Agent.
The 2019 Credit Agreement is for general working capital purposes and expires on March 5, 2024. The 2019 Credit Agreement replaces Halliburton’s U.S. $3,000,000,000 Five Year Revolving Credit Agreement dated as of July 21, 2015.
The 2019 Credit Agreement is attached to this report as Exhibit 10.1.
Item 1.02.Termination of a Material Definitive Agreement.
On March 5, 2019, Halliburton terminated its U.S. $3,000,000,000 Five Year Revolving Credit Agreement, dated as of July 21, 2015, among Halliburton, the Banks party thereto, and Citibank, N.A., as Agent.
The 2015 Credit Agreement was for general working capital purposes and was replaced with the 2019 Credit Agreement described in Item 1.01 above.
Item 9.01.Financial Statements and Exhibits.
The exhibit listed below is filed herewith.
(c)Exhibits.
HALLIBURTON CO Exhibit
EX-10.1 2 fiveyearcreditagr.htm 03-05-2019 FIVE YEAR REVOLVING CREDIT AGREEMENT U.S. $3,…
To view the full exhibit click here
About HALLIBURTON COMPANY (NYSE:HAL)
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Company’s Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. The Company’s Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and wellbore placement solutions that enable customers to model, measure, drill and manage its well construction activities. The Company’s baroid provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment and waste management services for oil and natural gas drilling, completion and workover operations. The Company operates its business in approximately 80 countries.
