Emerson Electric enters $2 billion 364-day credit facility, replacing $3 billion facility
Emerson Electric entered a $2 billion 364-day unsecured credit agreement dated February 10, 2026, which expires February 9, 2027. The company has no outstanding loans or letters of credit under the facility and says it has no current intention to borrow, so it adds no debt on its own. The facility serves as a liquidity back-up for the company's commercial paper borrowings and replaces a $3 billion facility that expired by its terms.
Key points
- Facility size: $2 billion, 364-day term, expiring February 9, 2027
- No borrowings or letters of credit outstanding; company has no current intention to borrow
- Supports general corporate purposes, including back-up for commercial paper
- Replaces the $3 billion 364-day credit agreement entered February 11, 2025
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing 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 February 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.