The company said it entered into a First Amended and Restated Credit Agreement on March 31, 2025, which includes a five-year unsecured revolving credit facility of $2.25 billion maturing in March 2030.

1. 01

   The company said it entered into a First Amended and Restated Credit Agreement on March 31, 2025, which includes a five-year unsecured revolving credit facility of $2.25 billion maturing in March 2030.

2. 02

   The company said its credit facility includes a sub-limit of $200 million for letters of credit and a sub-limit of $75 million for swing line borrowings. It said it may increase the facility by up to $900 million, subject to conditions, provided total commitments do not exceed $3.15 billion.

3. 03

   The company said borrowings under the Adjusted Term SOFR Rate carry a margin of 0.680% to 1.075%, and the facility fee ranges from 0.070% to 0.175% per annum, both varying with its debt ratings. The agreement sets a minimum fixed charge coverage ratio of 2.50:1.00 and a maximum leverage ratio of 3.50:1.00.

4. 04

   The company said that on March 31, 2025 it raised the maximum outstanding principal amount under its commercial paper program from $1.8 billion to $2.25 billion.

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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