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Actionable news in ROP: ROPER INDUSTRIES Inc,

Entry into a Material Definitive

On October 28, 2015, Roper Technologies, Inc. (the Company) amended its unsecured credit facility (the Credit Agreement) to increase the availability of the revolving credit facility from $1.50 billion to $1.85 billion.The Credit Agreement was entered into on July 27, 2012 with JPMorgan Chase Bank, N.A., as administrative agent, Wells Fargo Bank, N.A. and Bank of America, N.A. as syndication agents, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Barclays Bank PLC, Mizuho Corporate Bank, Ltd., and Suntrust Bank, as documentation agents and a syndicate of lenders. The facility, as amended, comprises a $1.85 billion revolving credit facility, which includes availability of up to $150.0 million for letters of credit and $25.0 million for swingline loans and of which $50.0 million will b e available under a multicurrency subfacility in dollars and other currencies. The increase was effected pursuant to the expansion option provided for in Section 2.23 of the Credit Agreement. As a result of the effectiveness of this increase, no further capacity exists for additional increases pursuant to Section 2.23.

The Company and specified foreign subsidiaries are borrowers under the revolving credit...


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