The company said it entered into a $1,500,000,000 Amended and Restated Revolving Credit Agreement on October 22, 2026 with Bank of America, N.A., as administrative agent. The agreement is a senior unsecured credit commitment to the company.

1. 01

   The company said it entered into a $1,500,000,000 Amended and Restated Revolving Credit Agreement on October 22, 2026 with Bank of America, N.A., as administrative agent. The agreement is a senior unsecured credit commitment to the company.

2. 02

   The company said the credit agreement matures on October 22, 2031 and that proceeds may be used for working capital and capital expenditures, to refinance certain indebtedness, for certain acquisitions and for general corporate purposes. The letter of credit sublimit is $150 million.

3. 03

   The company said the credit agreement includes limitations on liens and subsidiary debt, and a maximum consolidated net debt to total capitalization ratio of 3.50 to 1.00. Borrowing rates are based on prevailing interest rates as set out in the agreement and, in part, on the company's credit ratings.

4. 04

   The company said that upon effectiveness of the new credit agreement, it terminated its existing $1,250,000,000 credit agreement, which was dated as of October 23, 2023 and amended as of September 16, 2024, on October 22, 2026. There were no amounts outstanding under the existing agreement on that date.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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