Rockwell Automation (ROK) signed a five-year credit agreement worth $1.5 billion.
According to the U.S. Securities and Exchange Commission on the 21st, Rockwell Automation signed a 5-year unsecured revolving credit agreement worth $1.5 billion on November 18, 2025. This agreement was signed with several banks, with Bank of America as the administrative agent.
Rockwell Automation has the option to increase the commitment amount by up to $750 million under the contract and the right to request two extensions of the maturity date.
The agreement replaces a $1.5 billion, five-year credit agreement signed on June 29, 2022, without penalty for the earlier termination of the previous agreement. Borrowings under the agreement will be used for general corporate purposes.
Interest on borrowed money is determined according to the base interest rate, and is considered 0 if the base interest rate is 0 or less.
Under the agreement, Rockwell Automation may default if the ratio of Adjusted EBITDA to Adjusted Interest Expense is less than 3.00:1.00 for four consecutive quarters. Additionally, Rockwell Automation has no restrictions on its ability to pay dividends.
The terms of this agreement are generally similar to those customarily required for facilities of this type.
Rockwell Automation is currently raising funds through a $1.5 billion credit agreement, which will help maintain a stable financial position for the company.
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