• Kennametal entered a 3-year delayed-draw term loan for USD 500 million on May 28, 2026, priced at SOFR + 112.5 bps.
• Facility allows up to three draws through Sept. 30, 2026; proceeds target near-term tungsten-related working capital needs.
• Revolving credit facility upsized by USD 200 million to USD 850 million on May 28, 2026, using an accordion feature.
• Revolver terms, pricing, covenants, and maturity unchanged; term-loan covenants aligned with the revolving credit facility.

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. Kennametal Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605290830PR_NEWS_USPR_____NE70702) on May 29, 2026, and is solely responsible for the information contained therein.