{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-230647","form_type":"8-K","ticker":"LOW","cik":"0000060667","company_name":"LOWES COMPANIES INC","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.398202+00:00","generated_at":"2026-06-10T23:04:45.353530+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Lowe's enters $2B unsecured revolving credit facility due 2028","bullets":["$2B unsecured revolver maturing Sep 1, 2028; can be increased by $500M with lender consent.","Current applicable margin: 0.910% for Term SOFR loans, 0.090% facility fee on total commitments.","No outstanding borrowings as of closing date; leverage covenant limits ratio to 4.00x EBITDAR.","Borrowings available in USD, EUR, GBP, CAD and other approved currencies."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-230647","json":"https://secwatch.observer/filing/0001193125-23-230647.json","markdown":"https://secwatch.observer/filing/0001193125-23-230647.md","text":"https://secwatch.observer/filing/0001193125-23-230647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/0001193125-23-230647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/d503024d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:04:45.353530+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f33d799f1fc0b68fe327eb341c33093506b8c2fd","claim":"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.","evidence_excerpt":"to provide for a $2 billion unsecured revolving credit agreement (as amended and restated, the “2023 Credit Agreement”), maturing on September 1, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/0001193125-23-230647-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2 billion"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Base Rate or Term SOFR plus an applicable margin (0.000% - 0.100% for Base Rate"},{"label":"Maturity","value":"September 1, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f5e8c6966ba4957a8259f13bbc22a27ba86d7bc6","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/0001193125-23-230647-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"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"},{"label":"Value","value":"$2 billion"},{"label":"Effective","value":"2023-09-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}