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Automatic Data Processing, Inc. has entered into new credit facilities totaling $7.05 billion, consisting of a $4.55…

ADPAutomatic Data Processing Inc

Automatic Data Processing, Inc. has entered into new credit facilities totaling $7.05 billion, consisting of a $4.55 billion 364-day agreement and a $2.5 billion five-year agreement with a $500 million expansion option. These new facilities replace existing debt arrangements and provide the company with substantial liquidity and flexible capital for general corporate purposes.

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