Olin signs amendment for $2.5 billion in credit facilities tied to Huntsman merger
Bitget2026/10/28 12:18- Olin signed a credit agreement amendment on October 27, 2026, with Bank of America as administrative and collateral agent.
- Replacement facilities will comprise a $750 million senior term loan facility and a $1.75 billion senior revolving credit facility.
- Closing is conditional on the Huntsman merger; both facilities mature five years from closing.
- Initial proceeds will refinance existing credit agreement borrowings, repay Huntsman’s revolving credit facility and cover related costs.
- Borrowings carry benchmark-rate margins of 1.5%-2.13% or base-rate margins of 0.5%-1.13%, depending on consolidated net leverage.
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