---
schema_version: "secwatch.filing_event.v1"
accession: "0000060667-25-000199"
form_type: "8-K"
ticker: "LOW"
cik: "0000060667"
company_name: "LOWES COMPANIES INC"
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:15:41.845003+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lowe's completes $8.8B acquisition of Foundation Building Materials, draws $2B term loan

## Summary
- Completed acquisition of FBM for $8.8B cash on Oct 9, 2025.
- Drew entire $2.0B unsecured term loan facility to partially finance the purchase.
- FBM operates 370+ locations across U.S. and Canada; deal expected to enhance Pro customer offering.
- Cross-selling opportunities with recently acquired Artisan Design Group (ADG) highlighted.

## SEC filing metadata
- accession: 0000060667-25-000199
- form_type: 8-K
- ticker: LOW
- cik: 0000060667
- company_name: LOWES COMPANIES INC
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60667/000006066725000199/0000060667-25-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60667/000006066725000199/low-20251009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060667-25-000199
- JSON: https://secwatch.observer/filing/0000060667-25-000199.json
- Plain text: https://secwatch.observer/filing/0000060667-25-000199.txt

## Key facts
- Debt Financings
  LOWES COMPANIES INC incurred term loan of $2.0 billion with Bank of America, N.A maturing third anniversary of the signing date thereof.
  - Instrument: term loan
  - Principal: $2.0 billion
  - Counterparty: Bank of America, N.A
  - Maturity: third anniversary of the signing date thereof
  - Event: incurrence
  source text: entered into a Term Loan Credit Agreement (the “ Term Loan Credit Agreement ”) with certain lenders party thereto and Bank of America, N.A, as administrative agent, for a $2.0 billion unsecured term loan facility (the “ Term Loan Facility ”) that will mature on the third anniversary of the signing date thereof to finance a portion of the Purchase Price and
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066725000199/0000060667-25-000199-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.