Ecovyst plans $100 million Term Loan B add-on, amends term loan facility
Ecovyst Inc
Ecovyst Inc ECVT | 0.00 |
- Ecovyst plans to issue USD 100 million fungible Term Loan B add-on under amended term loan facility to help fund pending acquisition of Calabrian sulfur dioxide and related sulfur derivatives business from INEOS Enterprises.
- Add-on expected to be co-terminus with existing USD 397 million Term Loan B due June 2031.
- Transaction targeted to close by end of Q2 2026, financed with term loan add-on plus cash on balance sheet.
- Combined net debt leverage ratio expected to be about 2x at close.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecovyst Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605110805PR_NEWS_USPR_____PH55794) on May 11, 2026, and is solely responsible for the information contained therein.
