Quaker Houghton amends credit agreement, extends debt maturity to 2031
Quaker Houghton signed Amendment No. 4 to its credit agreement on April 10, 2026, with Bank of America, N.A. as administrative agent. The new facilities include a $550 million U.S. dollar term loan, a $250 million euro-equivalent term loan and an $800 million revolving credit facility, which will repay the existing loans and replace the prior revolving commitments. The filing says the amendment extends the nearest debt maturity to 2031 and increases available credit, but the new debt is secured by first priority liens on substantially all company and guarantor assets and includes covenants that limit dividends and share repurchases.
Key points
- Amended Credit Agreement signed April 10, 2026; all debt outstanding matures April 10, 2031
- New facilities: $550 million U.S. dollar term loan, $250 million euro-equivalent term loan, $800 million revolving credit facility
- Proceeds repay in full all outstanding loans under the existing credit agreement and terminate its revolving commitments
- Debt is secured by first priority liens on substantially all assets of the Company and subsidiary guarantors
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 April 14, 2026.
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