Tractor Supply refinances credit facility with $1.30B revolving line, 4.00x leverage cap

Filed May 21, 2026 · Period ending May 19, 2026 · ~1 min read

Key Changes

• high

  New $1.30 billion unsecured revolving credit facility replaces existing facility, with option to expand by $500 million. Five-year term with two one-year extension options provides financial flexibility through 2031.

  Item 1.01 verify on EDGAR →
• high

  Leverage covenant capped at 4.00x debt-to-EBITDA, the primary financial restriction governing borrowing capacity and compliance under the new facility.

  Item 1.01 verify on EDGAR →
• medium

  Interest rates based on Term SOFR plus 0.75%-1.25% margin (or base rate plus 0.00%-0.25%), determined by credit ratings. Initial SOFR margin is 1.00%, with commitment fees of 0.075%-0.150% on unused capacity.

  Item 1.01 verify on EDGAR →