secwatch / observer
8-K filed November 28, 2022, 6:59 PM ET ticker SHW CIK 0000089800
debt confidence high sentiment neutral materiality 0.25

SHERWIN WILLIAMS CO (SHW): debt financing — Sherwin-Williams extends $100M of revolving credit commitments to 2027

SHERWIN WILLIAMS CO

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

SHERWIN WILLIAMS CO amended credit facility of $100,000,000 with Citicorp USA, Inc. at Not specified maturing December 20, 2027.

Instrument
credit facility
Principal
$100,000,000
Counterparty
Citicorp USA, Inc.
Rate
Not specified
Maturity
December 20, 2027
Event
amendment
Exact text from the filing
The primary purpose of Amendment No. 18 is to extend the maturity of $100,000,000 of the commitments available for borrowing and obtaining the issuance, renewal, extension and increase of a revolving letter of credit from December 20, 2022 to December 20, 2027.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

SHERWIN WILLIAMS CO amended Amendment No. 18 with Citicorp USA, Inc. ("CUSA"), as administrative agent and issuing bank, and the lenders party thereto valued at $100,000,000 (effective 2022-11-28).

Action
amendment
Agreement
credit facility
Counterparty
Citicorp USA, Inc. ("CUSA"), as administrative agent and issuing bank, and the lenders party thereto
Value
$100,000,000
Effective
2022-11-28
Exact text from the filing
On November 28, 2022, The Sherwin-Williams Company ("Sherwin-Williams") entered into that certain Amendment No. 18 to the Credit Agreement ("Amendment No. 18") with Citicorp USA, Inc. ("CUSA"), as administrative agent and issuing bank, and the lenders party thereto.
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SHERWIN WILLIAMS CO filing history →

Source: SEC EDGAR
accession 0001193125-22-293097
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