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Aspen Technology Ends Credit Agreement Post-Acquisition

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Aspen Technology Ends Credit Agreement Post-Acquisition

Aspen Technology, Inc. ( (AZPN) ) just unveiled an announcement.

On March 12, 2025, Aspen Technology, Inc. terminated its Second Amended and Restated Credit Agreement with JP Morgan Chase Bank, N.A., following its acquisition by Emerson Electric Co. There were no borrowings under this credit facility prior to its termination, indicating a smooth transition in the acquisition process.

More about Aspen Technology, Inc.

Aspen Technology, Inc. operates in the software industry, providing asset optimization solutions that help companies in capital-intensive industries to enhance their operational efficiency and performance.

YTD Price Performance: 5.75%

Average Trading Volume: 721,535

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $16.73B

See more insights into AZPN stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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