DLTR · Dollar Tree, Inc.

Summary

Dollar Tree, Inc. entered into a $500 million Term Loan Credit Agreement on March 19, 2026, with Bank of America, N.A. as agent and various lenders, providing a term loan facility maturing on March 19, 2029. Loans bear interest at Term SOFR Rate plus 1.00% initially, subject to adjustment, with no required amortization and standard covenants including leverage and fixed charge coverage ratios.

Key takeaways

• Entered Term Loan Credit Agreement on 2026-03-19
• $500 million term loan facility
• Maturity date: 2026-03-19 to 2029-03-19
• Initial interest: Term SOFR Rate + 1.00%, adjustable by credit ratings and leverage ratio
• Voluntary repayment allowed without premium or penalty
• Contains maximum leverage ratio and minimum fixed charge coverage ratio covenants