Sherwin-Williams Secures $750 Million Loan Amid Sales Growth
Sherwin-Williams has entered into a USD 750 million senior unsecured term loan agreement, according to StockTitan. This follows the repayment and termination of an existing 364-day facility on September 24, 2026.
The coatings company has also secured a EUR 100 million term loan agreement through its Luxembourg unit.
Sherwin-Williams reported a 7.50 percent increase in consolidated net sales for the second quarter of 2026, reaching USD 6.79 billion. Net income rose to USD 843.6 million, with diluted earnings per share increasing by 14.30 percent to USD 3.43.
The company's adjusted figure was USD 3.70 per share, beating the USD 3.52 consensus cited by MarketBeat.