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Automatic Data Processing, Inc. entered into a $5.7 billion 364-day credit agreement and a $3.5 billion five-year…

ADPAutomatic Data Processing Inc

Automatic Data Processing, Inc. entered into a $5.7 billion 364-day credit agreement and a $3.5 billion five-year credit agreement with a group of lenders, replacing its previous facilities. The five-year facility includes an accordion feature allowing for an increase of $500 million to a total of $4 billion. Automatic Data Processing, Inc. is a provider of human resources management and outsourced business process solutions.

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