Chemed Renews $450M Senior Secured Credit Facility

Chemed Corporation renewed its $450 million senior secured credit facilities on April 10, 2026. The new facilities consist of a five-year revolving credit facility, including $100 million for letters of credit. The interest rate is a floating rate based on SOFR plus a tiered rate tied to the company's leverage ratio, and it includes an expansion feature allowing for an additional $250 million increase. This renewal ensures continued financial flexibility for the company.