Form 8-K · Current report
Sherwin-Williams 8-K, filed Sep 29, 2026
- Filed
- CIK
- 0000089800
- Accession no.
- 0001193125-26-405960
Summary
Sherwin-Williams entered into a new $750 million 364-day senior unsecured term loan credit agreement with Citibank, N.A. as administrative agent and repaid and terminated its prior 364-day term loan credit agreement. Its subsidiary Sherwin-Williams Luxembourg S.à r.l. separately entered a €100 million term loan agreement with ING Bank N.V., guaranteed by Sherwin-Williams.
Key points
- The new $750 million term loan matures on September 23, 2027, and may be used to refinance the existing agreement and for general corporate purposes, including working capital.
- The agreement requires Sherwin-Williams' consolidated leverage ratio not to exceed 3.75 to 1.00, with a temporary increase to 4.25 to 1.00 for four quarters after a Qualifying Acquisition.
- SW Luxembourg's €100 million term loan from ING Bank matures September 23, 2027, and its maturity may be extended by up to two additional six-month periods.
- Sherwin-Williams guarantees SW Luxembourg's obligations under the EUR Term Loan Agreement.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 1.02Termination of a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01. Entry into a Material Definitive Agreement. On September 24, 2026, The Sherwin-Williams Company (“Sherwin-Williams”) entered into a new 364-day senior unsecured Term Loan Credit Agreement (the “New Credit Agreement”) with the lenders party thereto and Citibank, N.A., as administrative agent (the “Administrative Agent”). In connection with entering into the New Credit Agreement, Sherwin-Williams repaid and terminated its existing 364-day senior unsecured delayed draw Term Loan Credit Agreement, dated as of August 8, 2025 (as amended, restated, supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”), among Sherwin-Williams and Sherwin-Williams…
An excerpt of the text as filed with the SEC, cut for length.
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