On October 31, 2024, Salesforce, Inc. entered into a new Credit Agreement with various lenders, with Bank of America, N.A. serving as the administrative agent. This new agreement replaces the previous $3.0 billion unsecured revolving credit facility that was set to mature on December 23, 2025. The new Credit Agreement provides Salesforce with a $5.0 billion unsecured, multicurrency revolving credit facility for a term of five years, with provisions for issuing letters of credit and swingline loans. The agreement allows for voluntary prepayments and reductions of unused commitments without penalty, subject to certain conditions. The interest rates for borrowings are based on benchmark rates plus a margin determined by Salesforce's credit ratings, and the company will also pay customary fees, including a commitment fee on undrawn amounts. The Credit Agreement includes standard representations, warranties, covenants, and events of default. Salesforce has stated that the borrowings may be used for general corporate purposes. Financial institutions involved in the Credit Agreement may provide other banking services to Salesforce, for which they receive customary compensation.

On October 31, 2024, Salesforce, Inc. entered into a new Credit Agreement with various lenders, with Bank of America, N.A. serving as the administrative agent. This new agreement replaces the previous $3.0 billion unsecured revolving credit facility that was set to mature on December 23, 2025. The new Credit Agreement provides Salesforce with a $5.0 billion unsecured, multicurrency revolving credit facility for a term of five years, with provisions for issuing letters of credit and swingline loans. The agreement allows for voluntary prepayments and reductions of unused commitments without penalty, subject to certain conditions. The interest rates for borrowings are based on benchmark rates plus a margin determined by Salesforce's credit ratings, and the company will also pay customary fees, including a commitment fee on undrawn amounts. The Credit Agreement includes standard representations, warranties, covenants, and events of default. Salesforce has stated that the borrowings may be used for general corporate purposes. Financial institutions involved in the Credit Agreement may provide other banking services to Salesforce, for which they receive customary compensation.