Shearman And Sterling

News May 11, 2023

3M Company $4.25 Billion Five-Year Revolving Credit Facility

Shearman & Sterling advised JPMorgan Chase Bank, N.A., as Administrative Agent, on a $4.25 billion five-year revolving credit facility for 3M Company. Proceeds from the facility will be used to finance general corporate purposes.

Headquartered in Saint Paul, Minnesota, 3M Company is a manufacturer and distributor of industrial products and solutions. Its portfolio of products includes advanced materials, display materials and systems, home care, home improvement, stationery and office, personal safety, roofing granules, closure and masking systems and others.

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