HP Obtains $1 Billion Line of Credit


HP Inc. has secured a $1 billion line of credit it plans to use for general corporate purposes, according to a May 29 filing with the Securities and Exchange Commission (SEC).  Loans under the unsecured 364-day revolving credit facility will be administered by JPMorgan Chase Bank, N.A., according to the 8-K filing. HP reported lower-than-expected

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