FMC amends credit agreement, requires India sale proceeds to repay debt or fund operations
FMC Corporation entered into Amendment No. 8 to its Fifth Amended and Restated Credit Agreement on October 15, 2026, with Citibank, N.A. as administrative agent. The amendment requires the company to use net cash proceeds from its previously announced sale of its India commercial business to repay debt or for general corporate or working capital purposes, and conditionally releases certain guarantors and assets from the lenders' security interest to allow actions ahead of that sale.
Key points
- Amendment No. 8 dated October 15, 2026 modifies the credit agreement originally dated June 17, 2022
- Net cash proceeds from the FMC India Sale must go to debt repayment or general corporate or working capital purposes
- Certain guarantors and collateral are conditionally released to permit actions before the India sale closes
- The filing does not state the amount of debt, the sale price, or the proceeds
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.