JONES LANG LASALLE INCORPORATED On November 3, 2023, Jones Lang LaSalle Incorporated (the ?Company?), Jones Lang LaSalle Finance B.V. and certain of the Company?s other subsidiaries, as guarantors, executed Amendment No. 5 ("Amendment No. 5") to the Second Amended and Restated Multicurrency Credit Agreement dated as of June 21, 2016 (as amended, the ?Credit Agreement?) with Bank of Montreal, as Administrative Agent, and the lender parties thereto.
Pursuant to Amendment No. 5, the borrowing capacity under the Credit Agreement is $3.3 billion. In addition, Amendment No.
5 extended the maturity date under the Credit Agreement from April 2026 to November 2028, made certain changes to permitted adjustments used in calculating Adjusted EBITDA, changed the index rate applicable to loans borrowed in Canadian dollars from the Canadian Dollar Offered Rate to the Canadian Overnight Repo Rate Average, and amended sustainability targets under the Credit Agreement.
