Home Economy Economic Activity SEC filing of the week: Textron enters new credit agreement with JPMorgan...

SEC filing of the week: Textron enters new credit agreement with JPMorgan Chase Bank

TEXTRON INC. on Oct. 28 named Danny Maldonado CEO and president of the company’s Bell segment. /COURTESY TEXTRON INC.

PROVIDENCE – Textron Inc. has entered into a new credit agreement with JPMorgan Chase Bank N.A. that replaces its previous $1 billion, five-year deal from October 2022.  According to its filing with the U.S. Securities and Exchange Commission on Oct. 16, the new agreement allows Textron the option to increase the aggregate number of commitments

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