Lowe's Companies Inc. Files 8-K for Acquisition and Financial Obligations

TL;DR

Lowe's closed a deal and took on debt, filing an 8-K on Oct 9, 2025.

AI Summary

On October 9, 2025, Lowe's Companies, Inc. filed an 8-K to report the completion of an acquisition, the creation of a direct financial obligation, and a Regulation FD disclosure. The filing also includes financial statements and exhibits related to these events.

Why It Matters

This filing indicates significant corporate activity for Lowe's, including a new acquisition and the assumption of financial obligations, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The filing details the completion of an acquisition and the creation of financial obligations, which inherently carry financial and operational risks.

Key Numbers

• 0000060667 — Accession Number (Unique identifier for the filing)
• 1-7898 — SEC File Number (Lowe's SEC filing number)
• 56-0578072 — IRS Employer Identification No. (Lowe's EIN)

Key Players & Entities

• LOWES COMPANIES INC (company) — Filer
• October 9, 2025 (date) — Date of Report
• North Carolina (location) — State of Incorporation
• 1000 Lowes Blvd. (address) — Principal Executive Offices
• Mooresville (location) — City of Principal Executive Offices
• 28117 (zip_code) — Zip Code of Principal Executive Offices
• 704-758-1000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.50 — ich registered Common Stock, par value $0.50 per share LOW New York Stock Exchange
• $8.8 billion — n the completion of the Transaction was $8.8 billion in cash, subject to customary adjustmen
• $2.0 billion — ca, N.A, as administrative agent, for a $2.0 billion unsecured term loan facility (the " Ter

Filing Documents

• low-20251009.htm (8-K) — 37KB
• exhibit991-10092025.htm (EX-99.1) — 16KB
• low-20251009_g1.jpg (GRAPHIC) — 45KB
• lowesgraphicimage01a.jpg (GRAPHIC) — 45KB
• 0000060667-25-000199.txt ( ) — 344KB
• low-20251009.xsd (EX-101.SCH) — 2KB
• low-20251009_def.xml (EX-101.DEF) — 3KB
• low-20251009_lab.xml (EX-101.LAB) — 23KB
• low-20251009_pre.xml (EX-101.PRE) — 14KB
• low-20251009_htm.xml (XML) — 3KB

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets. As previously disclosed, on August 19, 2025, Lowe's Companies, Inc., a North Carolina corporation (the " Company "), entered into a Stock Purchase Agreement (the " Purchase Agreement ") with ASP Flag Parent Holdings, Inc., a Delaware corporation (" Target "), and ASP Flag Holdings LP, a Delaware limited partnership (" Seller "), providing for the acquisition by the Company of the business of Foundation Building Materials, Inc. through the purchase of all of the shares of capital stock of Target from Seller (the " Transaction "). On October 9, 2025, the Company completed the Transaction. Pursuant to the Purchase Agreement, the purchase price paid by the Company upon the completion of the Transaction was $8.8 billion in cash, subject to customary adjustments as set forth in the Purchase Agreement (the " Purchase Price "). The foregoing description of the Purchase Agreement and the Transaction does not purport to be complete and is qualified in its entirety by reference to the description in the Company's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the " SEC ") on August 20, 2025, which description is incorporated herein by reference, and the full text of the Purchase Agreement, a copy of which was filed by the Company as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the SEC on August 20, 2025, and which is incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Obligation of a Registrant. As previously disclosed, on September 16, 2025, the Company entered into a Term Loan Credit Agreement (the " Term Loan Credit Agreement ") with certain lenders party thereto and Bank of America, N.A, as administrative agent, for a $2.0 billion unsecured term loan facility (the " Term Loan Facility ") that will mature on the third anniversary of the signing date thereof to finance a p

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On October 9, 2025, the Company issued a press release announcing the completion of the Transaction. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in this Item 7.01. The information set forth in this Item 7.01 and in the attached Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 2.1* Stock Purchase Agreement, dated as of August 19, 2025, by and among Lowe's Companies, Inc., ASP Flag Parent Holdings, Inc. and ASP Flag Holdings LP. (incorporated by reference from Exhibit 2.1 to the Form 8-K filed by the Company on August 20, 2025). 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. (incorporated by reference from Exhibit 10.2 to the Form 8-K filed by the Company on September 19, 2025). 99.1 Press release, dated October 9, 2025, announcing completion of the Transaction. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain schedules and attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to provide, on a supplemental basis, a copy of any omitted schedules and attachments to the SEC or its staff upon request. 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: October 9, 2025 By: /s/ Juliette W. Pryor Name: Juliette W. Pryor Title: Executive Vice President, Chief Legal Officer and Corporate Secretary

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View this 8-K filing on SEC EDGAR