Tyco International Finance S.A. Enters $750M Four-Year Senior Unsecured Credit Agreement

Tyco International Finance S.A. (TIFSA), as borrower, and Tyco International Ltd., as guarantor, entered into a $750 million four-year senior unsecured revolving credit agreement on March 24, 2011. This replaced an existing $500 million three-year facility and reduced commitments under a five-year facility from $1.19 billion to $750 million, resulting in total available senior unsecured revolving credit lines of $1.5 billion.

“On March 24, 2011, Tyco International Finance S.A., (“TIFSA”), as the Borrower, and Tyco International Ltd. (“Tyco”), as the Guarantor, entered into a Four Year Senior Unsecured Credit Agreement among TIFSA, Tyco, each of the initial lenders named therein, Citibank, N.A., as administrative agent, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith and J.P. Morgan Securities LLC, as bookrunners and lead arrangers, providing for revolving credit commitments in the aggregate amount of $750 million (the “Credit Agreement”).”

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