ServiceNow Enters $3B Credit Facility

Dow Jones04-02

By Katherine Hamilton

ServiceNow entered a credit agreement for a $3 billion unsecured revolving credit facility.

The agreement with JPMorgan Chase matures on April 1, 2031, the workflow automation company said Wednesday.

The proceeds of the facility can be used for working capital and other general corporate purposes.

ServiceNow can increase commitments under the facility up to $2 billion. It can extend the maturity date no more than one time in any 12 consecutive month period, as long as the date isn't extended by more than five years after the applicable extension date.

Each lender has discretion to determine whether it will participate in an increased or extended facility.

ServiceNow also established a commercial paper program where it can issue short-term, unsecured commercial paper notes under the exemption from certain registration requirements.

Amounts under the program can be borrowed, repaid and re-borrowed, as long as the aggregate face or principal amount of the notes outstanding doesn't exceed $3 billion.

Net proceeds from any notes issued are expected to be used for general corporate purposes.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

April 01, 2026 16:43 ET (20:43 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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