RL · 10-Q · 2026Q2 · Full report

Revolving Credit Facility

RALPH LAUREN CORP · 2026-08-06 · Importance 43 · Surprise 6

Ralph Lauren maintained a $750 million senior unsecured revolving Global Credit Facility through June 30, 2028. The facility supports working capital, capital expenditures, investments, acquisitions, letters of credit, and the Commercial Paper Program. Combined borrowings under the Commercial Paper Program and Global Credit Facility are limited to $750 million, while the company can expand total availability to $1.500 billion with lender consent. No Event of Default had occurred under the Global Credit Facility as of June 27, 2026.

Key facts

• The Global Credit Facility borrowing availability can be expanded to $1.500 billion through the full term of the facility subject to lenders increasing commitments. source
• The Global Credit Facility provides for a $750 million senior unsecured revolving line of credit through June 30, 2028. source
• Combined borrowings under the Commercial Paper Program and the Global Credit Facility are limited to $750 million. source
• As of June 27, 2026, six financial institutions were participating in the Global Credit Facility, with no one participant maintaining a maximum commitment percentage in excess of 25%. source
• Borrowings under the Pan-Asia Credit Facilities are guaranteed by the parent company and are granted at the sole discretion of participating banks, subject to availability of funds and regulatory requirements. source
• There are no mandatory reductions in borrowing ability throughout the term of the Global Credit Facility. source
• As of June 27, 2026, no Event of Default has occurred under the Global Credit Facility. source