secwatch.observer — SEC 8-K summary
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Issuer:     HOME DEPOT, INC. (HD)
CIK:        0000354950
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000354950-24-000114
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Home Depot enters $14.5B credit facilities to fund SRS acquisition
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- Secured $14.5B total in three revolving credit facilities to support commercial paper funding of the pending SRS Distribution acquisition.
- Facilities: $3.5B 364-day (matures May 2025), $1.0B three-year (matures May 2027), $10.0B capital markets (matures May 2025, extendable).
- Interest rates based on credit ratings; current Term SOFR margins: 0.835% (364-day and capital markets), 0.810% (three-year).
- Capital markets facility commitments reduce by net proceeds from senior unsecured debt offerings; unused facilities subject to facility fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354950/000035495024000114/0000354950-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354950/000035495024000114/hd-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000354950-24-000114

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