Quaker Houghton Amends Credit Agreement, Extends Debt Maturities and Increases Credit Availability
Quaker Houghton (NYSE: KWR) has amended its credit agreement, extending debt maturities to 2031 and increasing available credit. The new agreement includes $550 million in U.S. dollar term loans, $250 million in euro term loans, and an $800 million revolving credit facility. The move is expected to enhance the company's liquidity and support strategic growth initiatives.
Tickers: $KWR
Topics: corporate strategy credit facility debt agreement financial flexibility M&A