$SHW (SHERWIN WILLIAMS) — 8-K: Sherwin-Williams Signs $750 Million Term Loan, Repays Existing 364-Day Facility

On September 24, 2026, Sherwin-Williams entered a new 364-day senior unsecured Term Loan Credit Agreement providing a $750 million US dollar-denominated term loan maturing September 23, 2027. The company repaid and terminated its existing 364-day senior unsecured delayed draw Term Loan Credit Agreement dated August 8, 2025, borrowing under the new facility and a EUR Term Loan Agreement. Proceeds may refinance the existing agreement and fund general corporate purposes including working capital. The new agreement carries a consolidated leverage ratio covenant of 3.75 to 1.00, temporarily step-up to 4.25 to 1.00 for four consecutive fiscal quarters following a Qualifying Acquisition.

On September 24, 2026, Sherwin-Williams entered a new 364-day senior unsecured Term Loan Credit Agreement providing a $750 million US dollar-denominated term loan maturing September 23, 2027. The comp