secwatch.observer — SEC 8-K summary
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Issuer:     TARGET CORP (TGT)
CIK:        0000027419
Form:       8-K
Filed at:   2026-08-14T20:42:28+00:00
Accession:  0000027419-26-000032
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target enters $4.0B revolving credit facility, replaces prior $3.0B and $1.0B facilities
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- New $4.0B unsecured revolving credit facility dated Aug 14, 2026; expires Aug 14, 2031, with two 1-year extension options.
- Facility can be increased by up to $1.0B subject to conditions; replaces prior $3.0B and $1.0B facilities.
- Borrowings bear interest at rates based on type and Target's debt ratings; includes leverage ratio covenant.
- Administrative agent: Bank of America; co-syndication agents: Citibank, Wells Fargo; co-documentation agents: JPMorgan, U.S. Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27419/000002741926000032/0000027419-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27419/000002741926000032/tgt-20260814.htm
  HTML page:      https://secwatch.observer/filing/0000027419-26-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer