SHERWIN WILLIAMS CO (SHW): debt financing — Sherwin-Williams closes $1.15B acquisition of BASF's Brazilian paints business (Suvinil)

SHERWIN WILLIAMS CO

Acquired all equity interests in Suvinil Coatings S.A. (formerly BASF Coatings S.A.) for $1.15B.
Transaction includes Suvinil and Glasu! brands; expands Sherwin-Williams' presence in Brazil.
Funded portion of purchase via $750M USD DDTL draw and €250M EUR DDTL draw on Sept. 25, 2025.
Deal was previously announced on Feb. 15, 2025; closed on Oct. 1, 2025.

item 2.03 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SHERWIN WILLIAMS CO incurred term loan of €250 million with Citibank, N.A., as administrative agent maturing 364-day.

Instrument: term loan
Principal: €250 million
Counterparty: Citibank, N.A., as administrative agent
Maturity: 364-day
Event: incurrence

Exact text from the filing

(“SW Luxembourg”) entered into a 364-day senior unsecured delayed draw Term Loan Credit Agreement (the “DDTL Credit Agreement”) with the lenders party thereto and Citibank, N.A., as administrative agent. The DDTL Credit Agreement provided for (i) a $750 million US dollar-denominated senior unsecured delayed draw term loan tranche (the “USD DDTL Tranche”) with the Company, as borrower, and (ii) a €250 million Euro-denominated senior unsecured delayed draw term loan tranche (the “EUR DDTL Tranche”) with SW Luxembourg, as borrower.

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SHERWIN WILLIAMS CO incurred term loan of $750 million with Citibank, N.A., as administrative agent maturing 364-day.

Instrument: term loan
Principal: $750 million
Counterparty: Citibank, N.A., as administrative agent
Maturity: 364-day
Event: incurrence

Exact text from the filing

On September 25, 2025, the Company borrowed $750 million under the USD DDTL Tranche

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317 debt financings filed in the last 30 days. Browse all debt financings →

SHERWIN WILLIAMS CO filing history →

Source: SEC EDGAR

accession 0000089800-25-000120

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