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July 30, 2015 4:47 AM ET

Chemicals

Company Overview of Sherwin-Williams Canada Inc.

Company Overview

Sherwin-Williams Canada Inc. operates as a subsidiary of The Sherwin-Williams Company.

180 Brunel Road

Mississauga, ON L4Z-1T5

Canada

Phone:

905-890-4246

Fax:

905-890-9463

Key Executives for Sherwin-Williams Canada Inc.

Chairman Of The Board
Age: 58
Compensation as of Fiscal Year 2015.

Sherwin-Williams Canada Inc. Key Developments

The Sherwin-Williams Company, Sherwin-Williams Canada Inc., Sherwin-Williams Luxembourg and Sherwin-Williams UK Holding Limited Enter into a New Five-Year $1.35 Billion Credit Agreement

On July 16, 2015, The Sherwin-Williams Company (Sherwin-Williams), Sherwin-Williams Canada Inc. (SW Canada), Sherwin-Williams Luxembourg S. r.l. (SW Luxembourg) and Sherwin-Williams UK Holding Limited entered into a new five-year $1.35 billion Credit Agreement with a syndicate of lenders, including Bank of America, N.A., acting as domestic administrative agent, Bank of America, National Association, acting as Canadian administrative agent, Wells Fargo Bank, National Association, acting as syndication agent, and JPMorgan Chase Bank, N.A., Citibank, N.A. and U.S. Bank National Association, acting as co-documentation agents. The New Credit Agreement provides that the Borrowers may increase the size of the facility, subject to the discretion of each lender to participate in such increase, up to an additional amount of $500 million. The New Credit Agreement will mature on July 16, 2020, and provides Sherwin-Williams with the right to request that the lenders extend the maturity date for two additional periods of one year each. The New Credit Agreement may be used for general corporate purposes, including to finance working capital requirements. The New Credit Agreement replaces (i) Sherwin-Williams' existing five-year $1.05 billion Credit Agreement, dated July 8, 2011 with a syndicate of lenders, including Bank of America, N.A., acting as administrative agent, Wells Fargo Bank, N.A., acting as syndication agent, and JPMorgan Chase Bank, N.A. and Citibank, N.A., acting as co-documentation agents; (ii) SW Canada's existing five-year CAD 75 million Credit Agreement, dated June 29, 2012 (the SW Canada Prior Credit Agreement) with Sherwin-Williams, as guarantor, and a syndicate of lenders, including KeyBank National Association, acting as joint lead arranger, sole bookrunner and administrative agent, and PNC Bank, National Association, acting as joint lead arranger and syndication agent; and (iii) SW Luxembourg's existing five-year 95 million Credit Agreement, dated September 19, 2012 (the SW Luxembourg Existing Credit Agreement, and together with the Sherwin-Williams Prior Credit Agreement and the SW Canada Prior Credit Agreement, the Existing Credit Agreements) with Sherwin-Williams, as guarantor, and a syndicate of lenders, including J.P. Morgan Europe Limited, acting as administrative agent and L/C issuer, J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and HSBC Securities (USA) Inc., acting as joint lead arrangers and bookrunners, and Citigroup Global Markets Inc. and HSBC Securities (USA) Inc., acting as syndication agents. The Existing Credit Agreements were terminated effective July 16, 2015.

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