3M CO

$1.63bn committed across 1 active facility, next covenant test Sep 30, 2026. MMM

Recent changes

Interest coverage: when the limit steps, and which way the company's ratio has been moving.

7.50x4.96x2.41x

CovenantTestedHeadroomLimit now

Tested quarterly130.3%ratio 6.91x, estimated, vs 3.00x limit in force at Jun 30, 20263.00x

Maintain the Company’s EBITDA to Interest Ratio as of the end of each fiscal quarter of the Company at not less than 3.0 to 1.0.

Signed Apr 30, 2026

Tranche	Size	Matures	Margin
Delayed Draw Term Loan Facility	$1.43bn	n/a	88 bps
Revolving Credit Facility	$200m	n/a	88 bps

Priced over Term SOFR (Revolving credit facility, Delayed draw term loan).

Level	Condition	Margin	Unused fee
Level all	all times	88 bps	n/a

Lenders: Morgan Stanley Senior Funding, Inc.

No amendments on file yet.

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