FASTENAL CO

$835m committed across 1 active facility, next covenant test Sep 30, 2026. FAST

Retail-Building Materials, Hardware, Garden Supply

Recent changes

  1. Jun 23, 2026FASTENAL CO signs $835m Second Amended and Restated Credit Agreement, matures Jun 2031SEC ↗
Tested quarterlyHeadroom not yet measured3.00x
As of the last day of any fiscal quarter commencing as of the quarter ending June 30, 2026, permit the Consolidated Total Leverage Ratio to be greater than 3.00 to 1.00
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured3.00x
As of the last day of any fiscal quarter commencing as of the quarter ending June 30, 2026, permit the Consolidated Interest Coverage Ratio to be less than 3.00 to 1.00
Read the filing on sec.gov ↗

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Second Amended and Restated Credit Agreement

Signed Jun 18, 2026

Committed
$835m
Matures
Jun 2031
Agent
Wells Fargo Bank, National Association
TrancheSizeMaturesMargin
Revolving credit facility$835mJun 2031100–138 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level I≤ 0.75:1.00100 bps10 bps
Level II> 0.75:1.00, but ≤ 1.50:1.00113 bps13 bps
Level III> 1.50:1.00, but ≤ 2.25:1.00125 bps15 bps
Level IV> 2.25:1.00138 bps18 bps

§1.1

Lenders: Wells Fargo Securities, LLC, PNC Capital Markets LLC

No amendments on file yet.

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