Owens Corning amends credit agreement, adds $500 million revolver capacity, sets $1.5 billion CP program
Owens Corning amended its credit agreement on March 5, 2025, increasing revolving commitments by $500.0 million and extending the maturity to March 5, 2030. The company also set up a commercial paper program allowing up to $1.5 billion of unsecured notes outstanding at any time, for short-term liquidity and general corporate purposes. The filing shows added borrowing capacity and funding flexibility, but it does not disclose any drawn amounts or financial results.
Key points
- First Amendment increases revolving commitments by $500.0 million and extends maturity to March 5, 2030
- Credit agreement is with Wells Fargo Bank, National Association, as administrative agent
- Commercial paper program established March 5, 2025, with a maximum of $1,500.0 million outstanding at any time
- Notes may mature in up to 397 days and are sold on a private placement basis
The filing
Written by AI on Nov 8, 2026, 1:17 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 March 05, 2025.
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.