diff --git a/third_party/README.md b/third_party/README.md
index edb1359a7..235e3ae7a 100644
--- a/third_party/README.md
+++ b/third_party/README.md
@@ -4,4 +4,3 @@
 -->
 
 This folder contains third-party dependencies for swift.
-The ``externals`` submodule mainly holds prebuilt libraries required by swift.