Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LOWES COMPANIES INC amended revolving credit of $2 billion with Bank of America, N.A. at Base Rate or Term SOFR plus an applicable margin (0.000% - 0.100% for Base Rate maturing September 1, 2028.
- Instrument
- revolving credit
- Principal
- $2 billion
- Counterparty
- Bank of America, N.A.
- Rate
- Base Rate or Term SOFR plus an applicable margin (0.000% - 0.100% for Base Rate
- Maturity
- September 1, 2028
- Event
- amendment
Exact text from the filing
to provide for a $2 billion unsecured revolving credit agreement (as amended and restated, the “2023 Credit Agreement”), maturing on September 1, 2028.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
LOWES COMPANIES INC entered into Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, U.S. Bank National Association and Wells Fargo Bank, National Association, as co-syndication agents and letter of credit issuers, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and Bar valued at $2 billion (effective 2023-09-01).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, U.S. Bank National Association and Wells Fargo Bank, National Association, as co-syndication agents and letter of credit issuers, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and Bar
- Value
- $2 billion
- Effective
- 2023-09-01
Exact text from the filing
On September 1, 2023, Lowe’s Companies, Inc. (the “Company”) entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) with Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, U.S. Bank National Association and Wells Fargo Bank, National Association, as co-syndication agents and letter of credit issuers, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and Barclays Bank PLC, as co-documentation agents, and the other lenders party thereto, which Amended and Restated Credit Agreement amends and restates that certain Credit Agreement, dated as of March 23, 2020, by and among the Company, Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, U.S. Bank National Association, as syndication agent and a letter of credit issuer, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association, as co-documen
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