Robert Half Inc. announced it has entered into a new $100 million credit agreement with Bank of America, N.A., effective May 28, 2025. This new facility replaces the company's previous $100 million credit agreement from May 11, 2020, which was with JPMorgan Chase Bank, N.A.
At the time of termination, the 2020 Credit Agreement had no outstanding borrowings, and there were no early termination fees associated with its cancellation. The new agreement includes customary representations, warranties, and affirmative covenants, along with negative covenants on indebtedness, liens, corporate changes, dispositions, and restricted payments.
This financing move ensures Robert Half maintains robust financial flexibility and liquidity. Subsidiaries Protiviti Inc., RH-TM Resources Inc., and Protiviti Government Services Inc. have agreed to unconditionally guarantee the obligations under the new credit agreement.
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