Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc (Shell) and Shell International Finance BV was submitted on November 6, 2014. The report concerns a corporate finance transaction regarding the extension of an existing credit facility.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, or liquidity metrics. The primary financial data point disclosed is the size of the credit facility:
- Credit Facility Amount: USD 7,480 million
- Facility Type: Revolving credit facility
- Original Completion Date: December 4, 2013
- Original Term Structure: 5 + 1 + 1 years
Material Changes
Shell and Shell International Finance BV have extended their USD 7,480 million revolving credit facility with a group of relationship banks by one year. This action modifies the maturity profile of the existing facility originally completed in December 2013.
Guidance, Outlook, and Risks
The filing contains no management commentary on future guidance, operational outlook, or specific risk factors. The document is a standard disclosure of a debt facility extension and does not mention unusual items or contingencies.
Investor Verification Checklist
- Verify the new maturity date of the USD 7,480 million facility following the one-year extension.
- Confirm the identity of the relationship banks involved in the syndicate.
- Review the terms and conditions of the extension for any changes in interest rates or covenants compared to the original 2013 agreement.
- Check subsequent filings for utilization rates of this revolving facility.