Balchem expands revolving credit facility to $650 million, extends maturity to 2031
Balchem and its subsidiaries amended their credit agreement with JPMorgan Chase Bank, N.A. and JPMorgan SE. The revolving commitment rises from $550 million to $650 million, and the maturity moves from July 27, 2027 to July 24, 2031. The amendment also lowers borrowing margins at higher leverage levels and lets the foreign subsidiary Balchem B.V. borrow under the facility.
Key points
- Aggregate revolving commitment increased from $550 million to $650 million
- Maturity extended from July 27, 2027 to July 24, 2031
- Margin reduced by 12.5 basis points in pricing tiers 3 and 4; pricing grid now runs from 1.00% to 1.500% for term benchmark loans based on net leverage
- Balchem B.V. enabled to borrow; 10 basis point SOFR adjustment eliminated
The filing
Written by AI on Nov 8, 2026, 1:05 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 July 24, 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.