Company: TJX
Filing Date: 2025-05-09
Form Type: 8-K
Source: 0000109198-25-000033
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Company: TJX COMPANIES INC /DE/
Filing Date: 2025-05-09
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into a Material Definitive Agreement

On May 9, 2025, The TJX Companies, Inc. (the “ Company”) amended and restated its $500 million revolving credit facility by and among the Company, U. S. Bank National Association (“ U. S. Bank”), as administrative agent, the lenders party thereto, HSBC Bank USA, National Association and Wells Fargo Bank, National Association, as co-syndication agents, and Bank of America, N. A., Deutsche Bank Securities Inc., and JPMorgan Chase Bank, N. A., as co-documentation agents (the “2029 Revolving Credit Facility”), to, among other things, (i) extend the maturity to May 9, 2029 and (ii) increase the aggregate principal amount commitment to $750 million. All other material terms and conditions of the 2029 Revolving Credit Facility were unchanged.

On May 9, 2025, the Company amended and restated its $1 billion revolving credit facility by and among the Company, U. S. Bank, as administrative agent, swingline lender and a letter of credit issuer, the lenders party thereto, HSBC Bank USA, National Association and Wells Fargo Bank, National Association, as co-syndication agents and letter of credit issuers, Bank of America, N. A. and JPMorgan Chase Bank, N. A., as co-documentation agents and letter of credit issuers, Deutsche Bank Securities, Inc., as a co-documentation agent and Deutsche Bank AG New York Branch, as a letter of credit issuer (the “2030 Revolving Credit Facility”), to, among other things, (i) extend the maturity to May 9, 2030, (ii) decrease the aggregate principal amount of commitments to $750 million and (iii) reduce the interest rate margin applicable to borrowings bearing interest at a term secured overnight financing rate to a margin of 45 - 87.5 basis points consistent with the 2029 Revolving Credit Facility. All other material terms and conditions of the 2030 Revolving Credit Facility were unchanged. Under these amended and restated credit facilities, the Company has maintained a borrowing capacity of $1.5 billion.

The foregoing descriptions of the 2029 Revolving Credit Facility and the 2030 Revolving Credit Facility do not purport to be complete and are qualified in their entirety by reference to the full text of the 2029 Revolving Credit