Atmus Closes $450 Million Koch Filter Acquisition and Amends $1.5 Billion Credit Facility
Atmus Filtration Technologies completed its acquisition of Koch Filter Corporation for approximately $450 million in cash, subject to customary adjustments, and entered an amended credit agreement providing a $1.0 billion term loan and a $500 million revolving credit facility maturing January 7, 2031. The new debt replaces the prior $600 million term loan, of which about $570 million was outstanding, and funds part of the acquisition, so shareholders will see higher borrowing and a new Industrial Solutions segment.
Key points
- Koch Filter acquisition closed January 7, 2026, for approximately $450 million in cash, subject to purchase price adjustments.
- Credit facilities total $1.5 billion: $1.0 billion term loan and $500 million revolver, both maturing January 7, 2031.
- Term loan will be fully drawn to refinance the prior term loan (about $570 million outstanding), help fund the acquisition and cover fees.
- Financial covenants require a Total Leverage Ratio of no more than 4.00 to 1.00 and an Interest Coverage Ratio of at least 3.00 to 1.00.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.