On June 17, 2024, IBM Corp reported the extension of the maturity dates for two significant credit agreements. The $2.5 billion Three-Year Credit Agreement and the $7.5 billion Five-Year Credit Agreement, both originally dated June 22, 2021, have been extended by one year each. The Three-Year Credit Agreement, which had been amended on June 30, 2022, will now mature on June 20, 2027, while the Five-Year Credit Agreement will mature on June 22, 2029. These extensions were filed as Exhibits 10.1 and 10.2 in the report and the terms of the agreements remain unchanged. This strategic financial move ensures IBM's continued access to substantial credit facilities for the extended period, reflecting the company's proactive management of its financial obligations.

On June 17, 2024, IBM Corp reported the extension of the maturity dates for two significant credit agreements. The $2.5 billion Three-Year Credit Agreement and the $7.5 billion Five-Year Credit Agreement, both originally dated June 22, 2021, have been extended by one year each. The Three-Year Credit Agreement, which had been amended on June 30, 2022, will now mature on June 20, 2027, while the Five-Year Credit Agreement will mature on June 22, 2029. These extensions were filed as Exhibits 10.1 and 10.2 in the report and the terms of the agreements remain unchanged. This strategic financial move ensures IBM's continued access to substantial credit facilities for the extended period, reflecting the company's proactive management of its financial obligations.