secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001193125-23-230647
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's enters $2B unsecured revolving credit facility due 2028
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/0001193125-23-230647-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000119312523230647/d503024d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-230647

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