Masco enters new revolving credit agreement; commitments total $1 billion

Reuters03-27

Masco enters new revolving credit agreement; commitments total $1 billion

Masco entered into a new credit agreement on March 20, 2026 with lenders led by JPMorgan Chase Bank and J.P. Morgan SE, providing a revolving credit facility of USD 1.0 billion.
The agreement refinanced and replaced Masco’s prior revolving credit facility of USD 1.0 billion from April 26, 2022, which was terminated in full.
Initial revolving loan borrowings under the new facility were used to repay outstanding revolving loans under the prior credit agreement.
The facility includes a foreign currency sublimit of up to USD 500.0 million equivalent and provides for up to USD 25.0 million in letters of credit.
Masco may request an increase in total commitments of up to USD 500.0 million, subject to lender approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Masco Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000062996-26-000008), on March 26, 2026, and is solely responsible for the information contained therein.

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Morgan SE, providing a revolving credit facility of USD 1.0 billion.\n        \n\n          The agreement refinanced and replaced Masco’s prior revolving credit facility of USD 1.0 billion from April 26, 2022, which was terminated in full.\n        \n\n          Initial revolving loan borrowings under the new facility were used to repay outstanding revolving loans under the prior credit agreement.\n        \n\n          The facility includes a foreign currency sublimit of up to USD 500.0 million equivalent and provides for up to USD 25.0 million in letters of credit.\n        \n\n          Masco may request an increase in total commitments of up to USD 500.0 million, subject to lender approval.\n        \n\n\n\n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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