Company: CF
Filing Date: 2025-09-09
Form Type: 8-K
Source: 0001104659-25-088627
Chunk: 1

Company: CF Industries Holdings, Inc.
Filing Date: 2025-09-09
Form: 8-K
Item: Item 1.01
Chunk 1
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 0.29547% per annum for a one-month tenor or 0.32138%
per annum for a three-month tenor, plus a margin of 0.875% to 1.50% or (y) the Canadian prime rate plus a margin of 0.00% to 0.50%,
(iii) for loans denominated in Euro, the one, three or six month Euro interbank offered rate plus a margin of 0.875% to 1.50%, and
(iv) for loans denominated in Sterling, the Sterling overnight index average rate plus a margin of 0.875% to 1.50%. The borrowers
are required to pay an undrawn commitment fee equal to 0.09% to 0.20% of the undrawn portion of the commitments under the Amended and
Restated Credit Agreement, as well as customary letter of credit fees. The margin added to the applicable term secured overnight financing
rate or to the base rate, as well as the amount of the commitment fee, will depend on the Company’s credit rating at the time.

The Amended and Restated Credit
Agreement contains customary representations and warranties and covenants for a transaction of this type, including one financial maintenance
covenant: a requirement that the total net leverage ratio, as defined in the Amended and Restated Credit Agreement, be maintained as of
the last day of the Company’s fiscal quarter at a level of not greater than 3.75:1.00; provided the maximum total net leverage ratio
shall increase to 4.25:1.00 for the four consecutive fiscal quarter period commencing with the quarter any borrower or subsidiary consummates
any material acquisition; provided further, there shall be at least two fiscal quarters with the maximum total net leverage ratio set
at 3.75:1:00 before a second step-up may occur.

The Amended and Restated Credit
Agreement also contains representations and warranties and covenants made as of the date of
the Amended and Restated Credit Agreement or other specific dates. The assertions embodied in those representations and warranties and
covenants were made for purposes of the contract among the respective parties and are subject to important qualifications and limitations
agreed to by the parties in connection with negotiating such Amended and Restated Credit Agreement.

Upon the occurrence and during
the continuance of an event of default under the Amended and Restated Credit Agreement and after any