Ingevity amends credit facility, cuts revolver to $750 million and extends maturity five years
Ingevity entered into a Second Amendment and Restatement Agreement dated March 26, 2026, which amends its credit agreement, extends the maturity of its revolving credit facility five years from the closing date, and reduces the revolver commitments from $1 billion to $750 million. On the same day, the company repaid $512.1 million of outstanding revolving loans. The filing describes the terms as routine amendments to existing borrowing arrangements, with no change in leadership or results.
Key points
- Revolving credit facility commitments reduced from $1 billion to $750 million
- Maturity extended to five years after the March 26, 2026 closing date
- Company repaid $512.1 million of outstanding revolving loans on the closing date
- Borrowings priced at term benchmark rate plus 1.00% to 1.75%, or base rate plus 0.00% to 0.75%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 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 March 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.