Lowe's Companies Inc. Enters Material Agreement
Ticker: LOW · Form: 8-K · Filed: Sep 19, 2025 · CIK: 60667
| Field | Detail |
|---|---|
| Company | Lowes Companies Inc (LOW) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.50, $8.8 billion, $2.0 billion, $4 billion, $5 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: LOW
TL;DR
Lowe's just signed a big deal, creating a new financial obligation. Details to follow.
AI Summary
On September 16, 2025, Lowe's Companies, Inc. entered into a material definitive agreement, likely related to financing or a significant operational contract. This filing also indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the company. The report was filed on September 19, 2025.
Why It Matters
This filing signals a significant new financial commitment or partnership for Lowe's, which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The nature of the material definitive agreement and the resulting financial obligation is not fully detailed, introducing uncertainty.
Key Players & Entities
- LOWES COMPANIES INC (company) — Registrant
- September 16, 2025 (date) — Date of earliest event reported
- September 19, 2025 (date) — Filing date
- North Carolina (location) — State of incorporation
- 1000 Lowes Blvd., Mooresville, NC 28117 (address) — Principal executive offices
FAQ
What is the specific nature of the material definitive agreement entered into by Lowe's Companies, Inc.?
The filing indicates the entry into a material definitive agreement but does not specify its exact nature or terms.
What type of financial obligation has Lowe's Companies, Inc. created?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not provided.
When did the event triggering this 8-K filing occur?
The earliest event reported occurred on September 16, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on September 19, 2025.
What is Lowe's Companies, Inc.'s principal executive office address?
Lowe's Companies, Inc.'s principal executive office is located at 1000 Lowes Blvd., Mooresville, NC 28117.
Filing Stats: 1,287 words · 5 min read · ~4 pages · Grade level 10.8 · Accepted 2025-09-19 09:10:28
Key Financial Figures
- $0.50 — ich registered Common Stock, par value $0.50 per share LOW New York Stock Exchan
- $8.8 billion — ggregate consideration of approximately $8.8 billion (the " Purchase Price "), on September
- $2.0 billion — administrative processing agent, for a $2.0 billion unsecured revolving loan facility to re
- $4 billion — acility in an aggregate amount of up to $4 billion previously described in the Company's C
- $5 billion — a result, an aggregate amount of up to $5 billion in bridge facility commitments remain.
- $1.0 billion — administrative processing agent, for a $1.0 billion unsecured revolving credit facility tha
Filing Documents
- d56079d8k.htm (8-K) — 32KB
- d56079dex101.htm (EX-10.1) — 896KB
- d56079dex102.htm (EX-10.2) — 681KB
- d56079dex103.htm (EX-10.3) — 677KB
- d56079dex104.htm (EX-10.4) — 753KB
- g56079g0918212316176.jpg (GRAPHIC) — 3KB
- g56079lowes.jpg (GRAPHIC) — 11KB
- 0001193125-25-208264.txt ( ) — 3847KB
- low-20250916.xsd (EX-101.SCH) — 3KB
- low-20250916_lab.xml (EX-101.LAB) — 17KB
- low-20250916_pre.xml (EX-101.PRE) — 11KB
- d56079d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 Credit Agreement, dated as of September 16, 2025, by and among, among others, Lowe's Companies, Inc., Bank of America, N.A., as administrative processing agent, co-administrative agent, swing line lender and letter of credit issuer, Wells Fargo Bank, National Association, as co-administrative agent and letter of credit issuer, U.S. Bank National Association, as syndication agent and L/C issuer, the co-documentation agents party thereto, the joint lead arrangers and joint bookrunners party thereto, and the lenders party thereto. 10.2 Term Loan Credit Agreement, dated as of September 16, 2025, by and among, among others, Lowe's Companies, Inc., Bank of America, N.A., as administrative agent, Goldman Sachs Bank USA, as syndication agent, the co-documentation agents party thereto, the joint lead arrangers and joint bookrunners party thereto, the lenders party thereto. 10.3 364-Day Revolving Credit Agreement, dated as of September 16, 2025, by and among, among others, Lowe's Companies, Inc., Bank of America, N.A., as administrative processing agent and co-administrative agent, Wells Fargo Bank, National Association, as co-administrative agent, U.S. Bank National Association, as syndication agent, the co-documentation agents party thereto, the joint lead arrangers and joint bookrunners party thereto, and the lenders party thereto. 10.4 Amendment No. 1 to Amended and Restated Credit Agreement, dated as of September 16, 2025, by and among Lowe's Companies, Inc., Bank of America, N.A., as administrative agent, and the other lenders party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. LOWE'S COMPANIES, INC. Date: September 19, 2025 By: /s/ Juliette W. Pryor