The Home Depot Terminates Three-Year Credit Facility and Reduces 364-Day Credit Facility

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terminated its $1.0 billion three-year revolving credit facility as it was no longer necessary. Simultaneously, the company reduced the aggregate commitments of its $3.5 billion 364-day revolving credit facility to $2.0 billion. These actions were taken following the financing of its acquisition of SRS Distribution Inc. which closed on June 18, 2024. As a result, the company's commercial paper program is now supported by up to $7.0 billion of revolving credit facilities with no borrowings under the reduced 364-Day Credit Facility.

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About Home Depot Inc.

Home Depot Inc. is a leading retailer known for offering a wide range of home improvement products, construction materials, and services. Its primary function is to provide consumers and professional contractors with the necessary supplies and equipment for construction, maintenance, and home enhancement projects. Home Depot's expansive product lineup includes items for home decor, gardening equipment, building materials, and electrical and plumbing supplies, catering to both residential DIY enthusiasts and commercial builders. The company plays a critical role in the retail and home improvement sectors, impacting industries related to housing and construction. Home Depot, founded in 1978 and headquartered in Atlanta, Georgia, operates a vast network of stores across the United States, Canada, and Mexico. It is renowned for its large warehouse-style stores and a broad inventory, complementing its physical presence with an online sales platform that offers customers additional convenience. As a major player in the consumer retail market, Home Depot significantly influences trends in home renovation and continues to be a vital provider of resources for projects of varying scopes and complexities.