Target signs $4 billion five-year revolving credit facility with bank group

• Target entered a five-year credit agreement for a USD 4 billion unsecured revolving credit facility on Aug. 14, 2026.
• Facility includes an option to increase commitments by up to an additional USD 1 billion, subject to conditions.
• Maturity set for Aug. 14, 2031, with two one-year extension options.
• Borrowing costs vary by loan type and the company’s debt ratings; agreement includes a leverage-ratio covenant.
• Replaced prior facilities by terminating a USD 3 billion five-year revolver due 2028 and a USD 1 billion 364-day facility due 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000027419-26-000032), on August 14, 2026, and is solely responsible for the information contained therein.