Cummins Increases Revolver Capacity by $2 Billion

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today entered into an agreement providing for an additional $2 billion revolving credit facility that terminates on April 30, 2021. “The company ended the first quarter with cash, cash equivalents and marketable securities of $2 billion and committed borrowing capacity of $1.9 billion,” said Chief Financial Officer Mark Smith. “The agreement we entered into today boosts our already strong liquidity by $2 billion.” The company’s long-term
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