The Mosaic Company (NYSE: MOS) reported that it entered into a new credit agreement on June 10, 2026, establishing a committed delayed-draw term loan facility of up to $1.0 billion. The financing is structured in two equal tranches: a $500 million 364-day tranche and a $500 million three-year tranche. Because the facility is “delayed draw,” Mosaic is not necessarily borrowing the full amount immediately; rather, it has committed borrowing capacity available under the agreement, subject to the terms of the facility. Mosaic said proceeds from any draws under the new term loan will be used to repay existing indebtedness. The filing does not provide interest rates, lender names, covenants, maturity dates beyond the tranche descriptions, or details on which specific debt obligations will be repaid. The company disclosed the financing under Item 7.01, Regulation FD Disclosure, meaning the information was furnished rather than formally filed for liability purposes under Section 18 of the Exchange Act. The only exhibit listed was the cover page interactive data file under Item 9.01. The filing does not report an insider stock transaction, equity issuance, option grant, share sale, or change in ownership. Its significance is that Mosaic has secured up to $1 billion in committed refinancing capacity, split between short-term and medium-term maturities, to manage or replace existing debt obligations.