CF Industries amends $750 million revolving credit facility, maturing September 4, 2030
CF Industries Holdings entered into an amended and restated $750 million senior unsecured revolving credit agreement dated September 4, 2025, replacing its October 26, 2023 facility. The facility matures September 4, 2030 and the borrowers may use it for working capital, capital expenditures, acquisitions, share repurchases and other general corporate purposes.
Key points
- Facility size of $750 million, with a $125 million letter of credit sub-limit and a $75 million swingline sub-limit
- Maturity date of September 4, 2030
- Interest margins of 0.875% to 1.50% over the applicable benchmark rate, with an undrawn commitment fee of 0.09% to 0.20%, depending on the Company's credit rating
- Financial maintenance covenant requires total net leverage ratio of no more than 3.75:1.00, with a temporary step-up to 4.25:1.00 after a material acquisition
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 09, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.