UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 30, 2019 (August 27, 2019)
ABBVIE INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware | 001-35565 | 32-0375147 | |
(State or other Jurisdiction | (Commission File Number) | (IRS Employer | |
of Incorporation) | Identification No.) | ||
1 North Waukegan Road | |||
North Chicago, Illinois 60064-6400 | |||
(Address of principal executive offices) (Zip Code) | |||
Registrant's telephone number, including area code: (847) 932-7900 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
- Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
- Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
- Pre-commencementcommunications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
- Pre-commencementcommunications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange on which | ||
Title of each class | Trading Symbol(s) | registered |
Common Stock, $0.01 Par Value | ABBV | New York Stock Exchange |
Chicago Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.01. Entry into a Material Definitive Agreement.
Amended and Restated Revolving Credit Agreement
On August 27, 2019 (the "Effective Date"), AbbVie Inc. ("AbbVie") entered into an amended and restated revolving credit agreement (the "Amended and Restated Revolving Credit Agreement") among AbbVie, as borrower, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the "Agent"), providing for the amendment and restatement, effective as of the Effective Date, of that certain revolving credit agreement, dated as of August 31, 2018, among AbbVie, as borrower, the lenders and other parties party thereto and the Agent. The Amended and Restated Revolving Credit Agreement (i) increases the unsecured revolving credit facility commitments from $3.0 billion to $4.0 billion and (ii) extends the maturity date of the facility from August 31, 2023 to August 27, 2024.
The foregoing summary of the Amended and Restated Revolving Credit Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amended and Restated Revolving Credit Agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On August 27, 2019, AbbVie entered into the Amended and Restated Revolving Credit Agreement as described under Item 1.01 above. The description of the Amended and Restated Revolving Credit Agreement set forth in Item 1.01 above is hereby incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit
No. Exhibit
10.1 Amended and Restated Revolving Credit Agreement, dated as of August 27, 2019, among AbbVie, the lenders and other parties party thereto and JPMorgan Chase Bank, N.A., as administrative agent.
104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ABBVIE INC. | ||
Date: August 30, 2019 | By: /s/ Robert A. Michael | |
Robert A. Michael | ||
Executive Vice President, Chief Financial Officer | ||
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Exhibit 10.1
Execution Version
$4,000,000,000
AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT
Dated as of August 27, 2019
among
ABBVIE INC.,
as Borrower,
VARIOUS FINANCIAL INSTITUTIONS,
as Lenders,
and
JPMORGAN CHASE BANK, N.A.,
as Administrative Agent
MORGAN STANLEY SENIOR FUNDING, INC.
and
BANK OF AMERICA, N.A.,
as Syndication Agents
MORGAN STANLEY SENIOR FUNDING, INC.,
BofA SECURITIES, INC.
and
JPMORGAN CHASE BANK, N.A.,
as Joint Lead Arrangers and Bookrunners
TABLE OF CONTENTS
ARTICLE I DEFINITIONS AND ACCOUNTING TERMS
SECTION 1.01 Certain Defined Terms
SECTION 1.02 Computation of Time Periods
SECTION 1.03 Accounting Terms
SECTION 1.04 Terms Generally
SECTION 1.05 Currency Translations
SECTION 1.06 Divisions
SECTION 1.07 Interest Rates; LIBOR Notification
ARTICLE II AMOUNTS AND TERMS OF THE ADVANCES
SECTION 2.01 The Advances
SECTION 2.02 Making the Advances
SECTION 2.03 [Reserved]
SECTION 2.04 Fees
SECTION 2.05 Termination, Reduction or Increase of the Commitments; Extension of the Commitment Termination Date SECTION 2.06 Repayment of Advances
SECTION 2.07 Interest on Advances
SECTION 2.08 Interest Rate Determination
SECTION 2.09 Optional Conversion of Advances
SECTION 2.10 Optional and Mandatory Prepayments of Advances
SECTION 2.11 Increased Costs
SECTION 2.12 Illegality
SECTION 2.13 Payments and Computations
SECTION 2.14 Taxes
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AbbVie Inc. published this content on 30 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2019 20:56:02 UTC