| Item 1.01. | Entry into a Material Definitive Agreement. |
On September 6, 2018, The Sherwin-Williams Company (“Sherwin-Williams”) entered into that certain Second Amendment to Credit Agreement (“Amendment No. 2”) with Goldman Sachs Bank USA (“Goldman”), as administrative agent, Goldman Sachs Mortgage Company (“GSMC”), as issuing bank, and the lenders party thereto. Amendment No. 2 amends the Credit Agreement, dated as of September 11, 2017 (as amended by the First Amendment to Credit Agreement dated as of October 30, 2017, and as otherwise amended, the “Credit Agreement”), among Sherwin-Williams, Goldman, as administrative agent, GSMC, as issuing bank, and the lenders party thereto. Amendment No. 2, among other things, increases the amount available under the Credit Agreement by $125,000,000 to an aggregate availability of $625,000,000, which additional $125,000,000 will mature on June 20, 2023.
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 Form8-K and is incorporated herein by reference.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under anOff-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.
The following exhibit is filed with this Current Report on Form8-K:
2
