Dollar Tree has expanded the capacity of its commercial paper program to 2.5 billion dollars, up from the previous limit of 1.5 billion dollars. The increase, disclosed in a regulatory filing, allows the company to issue additional short-term unsecured notes through the maturity of its 364-day credit facility on March 20, 2026, or any extension or replacement of that facility. After that date, the authorized amount will revert to 1.5 billion dollars.

All other terms of the program remain unchanged from the structure outlined in the company’s July 2023 filing. The commercial paper notes will not be registered under the Securities Act and may only be offered in the United States under applicable exemptions.