Form 8-K HOME DEPOT, INC. For: May 06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
__________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 6, 2025
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THE HOME DEPOT, INC.
(Exact Name of Registrant as Specified in Charter)
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| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(770 ) 433-8211
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
__________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.02 Termination of a Material Definitive Agreement.
As previously reported, The Home Depot, Inc. (the “Company”) is party to multiple revolving credit facilities that backstop the Company’s $7.0 billion commercial paper program. On May 6, 2025, the Company terminated its $2.0 billion 364-day revolving credit facility agreement, dated as of May 7, 2024 (the “May 2024 364-Day Facility”), with JPMorgan Chase Bank, N.A., as administrative agent, under which no borrowings were outstanding. The Company entered into the May 2024 364-Day Credit Facility to allow for borrowings for general corporate purposes, including to backstop the Company’s expanded commercial paper program in connection with the financing of the acquisition of SRS Distribution, Inc., which closed on June 18, 2024.
Item 8.01 Other Events.
Also on May 6, 2025, the Company terminated its remaining revolving credit facility agreements and simultaneously entered into two new revolving credit facility agreements that provide for commitments to borrow an aggregate of $7.0 billion. The new revolving credit facility agreements allow for borrowings for general corporate purposes, including to backstop the Company’s $7.0 billion commercial paper program.
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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.
| THE HOME DEPOT, INC. | ||||||||
| Date: May 6, 2025 | By: | /s/ Richard V. McPhail | ||||||
| Name: | Richard V. McPhail | |||||||
| Title: | Executive Vice President and Chief Financial Officer | |||||||
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ATTACHMENTS / EXHIBITS
XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
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