Form 8-K · Current Report · Filed 2025-03-27
Dollar Tree Enters into New $1.5B Revolving Credit Facility
On March 21, 2025, Dollar Tree, Inc. entered into a new $1.5 billion revolving credit facility with JPMorgan Chase Bank, N.A., and terminated its existing credit agreement. The new facility matures on March 21, 2030, and includes interest rate adjustments based on the company's credit ratings and leverage ratio. Additionally, Dollar Tree entered into a 364-day $1.0 billion revolving credit facility, which matures on March 20, 2026. The new agreements allow for voluntary repayment without penalties, except for customary breakage costs. Both facilities contain affirmative and negative covenants restricting the company's ability to incur subsidiary indebtedness, incur liens, and sell assets, among other restrictions.
- Filer
- Dollar Tree Inc. DLTR · NASDAQ
- Filed
- Accession
- 0001104659-25-028779
- CIK
- 0000935703
- Signal
- Medium impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Entry into a Material Definitive Agreement
Termination of a Material Definitive Agreement
Creation of a Direct Financial Obligation
Market reaction
Close before filing
$69.21
Next session
+5.1%
Since filing
+83.8%
Latest close
$127.21
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from DLTR reporting the same item, with the next session's move:
About Dollar Tree Inc.
Dollar Tree Inc. operates as a multi-price-point discount retailer in North America. It offers a diverse assortment of products encompassing consumables, seasonal offerings, home products, and various merchandise categories. Its primary function is to provide value-oriented shopping options to consumers by maintaining most of its pricing around a key, affordable price point. This retail chain significantly impacts the consumer staples and retail sectors, drawing price-conscious shoppers and creating a robust footprint in urban and suburban markets alike. Dollar Tree's vast network of stores under the Dollar Tree and Family Dollar brands positions it as a major player in the discount retail space. With thousands of locations across the United States and Canada, it plays a significant role in the retail landscape by catering to a broad demographic of customers seeking cost-effective shopping solutions. As such, Dollar Tree Inc. maintains a pivotal role in the retail market, providing essential and non-essential goods alike, while simultaneously contributing to local economies via employment and community engagement.
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