STOCK TITAN

Sherwin-Williams adds $75M in borrowing capacity

The additional commitments may be used for borrowing and letters of credit and mature on December 20, 2031.

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Form Type
8-K

Rhea-AI Filing Summary

The Sherwin-Williams Company entered into Amendment No. 2 to its Amended and Restated Credit Agreement with Citicorp USA, Inc., as administrative agent and issuing bank, and the participating lenders. The amendment provides $75,000,000 of additional commitments available for borrowing and issuing letters of credit under the agreement. These additional commitments mature on December 20, 2031. The underlying credit agreement is dated November 17, 2025.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Additional commitments $75,000,000 Available for borrowing and issuing letters of credit
Additional commitments maturity December 20, 2031 Maturity date
Underlying credit agreement date November 17, 2025 Date of the Amended and Restated Credit Agreement
additional commitments financial
"provides $75,000,000 of additional commitments"
letters of credit financial
"borrowing and issuing letters of credit"
A letter of credit is a promise from a bank to pay a seller if the buyer fails to do so, commonly used in trade and large contracts to ensure payment. Think of it as a bank standing in for the buyer, like a certified check or payment insurance that reduces the risk of nonpayment. For investors, letters of credit matter because they affect a company’s cash flow, borrowing needs and contingent liabilities, and signal how much credit support a business requires to secure deals.
administrative agent financial
"as administrative agent and issuing bank"
An administrative agent is a bank or financial firm appointed to handle the day-to-day paperwork and communication for a group of lenders on a loan or credit agreement, acting as the central point for collecting payments, distributing funds, monitoring covenants, and sharing information. For investors, the administrative agent matters because it influences how quickly lenders receive updates, how smoothly repayments and waivers are handled, and how effectively the lending group enforces terms — think of it as a property manager coordinating tasks for multiple owners.
issuing bank financial
"as administrative agent and issuing bank"
The issuing bank is the financial institution that creates and backs a financial instrument or credit obligation — for example the bank that issues a credit card, a loan, or that underwrites a bond offering. Think of it as the organization that prints a store gift card and promises to honor its value; its financial strength and willingness to pay determine how safe and reliable that instrument is. Investors care because the issuing bank’s creditworthiness and reputation directly affect the risk, payment certainty and market value of the instrument.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much additional borrowing capacity did SHW add?

The amendment provides $75,000,000 of additional commitments, available for borrowing and issuing letters of credit under the credit agreement. Those commitments mature on December 20, 2031.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHERWIN WILLIAMS CO false 0000089800 0000089800 2026-11-02 2026-11-02
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 2, 2026

 

 

THE SHERWIN-WILLIAMS COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

Ohio   1-04851   34-0526850

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1 Sherwin Way

Cleveland, Ohio

  44113
(Address of principal executive offices)   (Zip Code)

(216) 566-2000

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.33-1/3 per share   SHW   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 1.01.

Entry into a Material Definitive Agreement.

On November 2, 2026, The Sherwin-Williams Company (“Sherwin-Williams”) entered into that certain Amendment No. 2 to the Amended and Restated Credit Agreement (“Amendment No. 2”) with Citicorp USA, Inc. (“CUSA”), as administrative agent and issuing bank, and the lenders party thereto. Amendment No. 2 amends that certain Amended and Restated Credit Agreement, dated as of November 17, 2025 (the “Credit Agreement”), among Sherwin-Williams, CUSA, as administrative agent and issuing bank, and the lenders party thereto. The primary purpose of Amendment No. 2 is to provide $75,000,000 of additional commitments available for borrowing and issuing letters of credit under the Credit Agreement, which commitments mature on December 20, 2031.

Certain of the lenders, as well as certain of their respective affiliates, have performed and may in the future perform for Sherwin-Williams and its subsidiaries, various commercial banking, investment banking, lending, underwriting, trust services, financial advisory and other financial services, for which they have received and may in the future receive customary fees and expenses.

The foregoing description of Amendment No. 2 does not purport to be complete and is qualified in its entirety by reference to the full text of Amendment No. 2, a copy of which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 2.03.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information described in Item 1.01 above relating to Amendment No. 2 is incorporated herein by reference into this Item 2.03.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
No.

  

Exhibit Description

4.1    Amendment No. 2 to the Amended and Restated Credit Agreement, dated as of November 2, 2026, by and among The Sherwin-Williams Company, Citicorp USA, Inc., as administrative agent and issuing bank, and the lenders party thereto
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    THE SHERWIN-WILLIAMS COMPANY
November 2, 2026     By:  

/s/ Stephen J. Perisutti

    Name:   Stephen J. Perisutti
    Title:   Senior Vice President - Deputy General Counsel and Assistant Secretary

Filing Exhibits & Attachments

4 documents

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