Sherwin-Williams Enters $750 Million Senior Unsecured Term Loan
Filed with the SEC on · Summarized by InvestorsBot
Sherwin-Williams entered a new 364-day senior unsecured term loan agreement with participating lenders, with Citibank, N.A. as administrative agent, replacing and refinancing its existing facility. The $750 million loan matures September 23, 2027 and may be used for refinancing and general corporate purposes; it includes a 3.75-to-1.00 consolidated leverage limit, temporarily expandable to 4.25-to-1.00 after a qualifying acquisition.