# 3M CO (MMM) — capital_raise [announced]
Source: sec.gov · situation sit_2a29ff7853857ef372ee · public 1378003930916505953 · retrieved 2026-08-21T14:18:07.331Z

## Overview
3M Company is a diversified manufacturer of surgical and medical instruments and apparatus.

On August 17, 2026, 3M Company entered into a new $4.25 billion unsecured revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent and other financial institutions as lenders. The facility matures on the fifth anniversary of the effective date (August 17, 2031) and replaced the prior $4.25 billion five-year revolving credit agreement dated May 11, 2023. The new Credit Agreement includes customary covenants, including a requirement to maintain an EBITDA to Interest Ratio of not less than 3.0 to 1.0 as of the end of each quarter, and provides lenders with the right to demand prepayment and terminate commitments upon a change of control.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. · Deal value: $4.25B

## Key dates
- Announced 2026-08-19 · Expiry 2031-08-17

## Timeline
- 2026-08-19 · 8-K (0000066740-26-000268): 8-K - 3M CO — *3M Company is a diversified manufacturer of surgical and medical instruments and apparatus.* On August 17, 2026, 3M Company entered into a new $4.25 billion unsecured revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent and other financial institutions as lenders. The facility matures on the fifth anniversary of the effective date (August 17, 2031) and replaced the prior $4.25 billion five-year revolving credit agreement dated May 11, 2023. The new Credit Agreement includes customary covenants, including a requirement to maintain an EBITDA to Interest Ratio of not less than 3.0 to 1.0 as of the end of each quarter, and provides lenders with the right to demand prepayment and terminate commitments upon a change of control.
  https://www.sec.gov/Archives/edgar/data/66740/0000066740-26-000268.txt

## Citations
- 0000066740-26-000268 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000006674026000268