Cal-Maine Foods enters $250M revolving credit facility with BMO, no borrowings yet

CAL-MAINE FOODS INC

Second Amended and Restated Credit Agreement dated Aug 31, 2026 with BMO Bank N.A. as administrative agent.
Provides $250M senior unsecured revolver, with $25M sublimits for letters of credit and swingline loans.
Accordion feature allows up to $250M incremental increases with agent consent; matures Aug 31, 2031.
As of Sep 1, 2026: $0 outstanding borrowings, $5.9M standby letters of credit issued.
Covenants: max funded debt/cap ratio 50%, min tangible net worth $1.5B plus 50% of positive net income.

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