Innospec Closes on New $250 Million Credit Facility
Innospec Inc. (IOSP)
Last innospec inc. earnings: 8/6 04:45 pm
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US:NASDAQ Investor Relations:
innospecinc.com/investor-relations
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Source: GlobeNewswire
ENGLEWOOD, Colo., Sept. 30, 2019 (GLOBE NEWSWIRE) -- Innospec, Inc. (NASDAQ: IOSP) today announced that it has successfully closed on a multi-currency revolving credit agreement with a group of lenders, comprising Barclays Bank PLC, Credit Suisse (Switzerland) Ltd., National Westminster Bank PLC, U.S. Bank National Association and Wells Fargo Bank N.A. The unsecured facility provides for the availability of $250 million in credit for a four-year term, with Innospec having an option to request an extension of the facility for a further year. In addition, the amendment allows the Company to request a further amount of up to $125 million to be committed by the group of lenders. Patrick S. Williams, President and Chief Executive Officer of Innospec, said, “We are very pleased to complete this refinancing with improved terms, which demonstrates the confidence our banking group has in the strength of our business and its future prospects for growth and profitability. The credit facilit
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IOSP
Earnings
- 2/13/24 - Beat
IOSP
Sec Filings
- 4/3/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- IOSP's page on the SEC website