Loan & DebtApr 30, 2026, 04:30 PM
PAHC Increases Revolving Credit Commitment by $125M to $435M
AI Summary
Phibro Animal Health Corporation entered into Amendment No. 1 to its Credit Agreement on April 28, 2026. This amendment significantly increases the company's revolving credit commitment by $125,000,000, raising the total commitment from $310,000,000 to $435,000,000. The increased commitment provides the company with enhanced financial flexibility and liquidity.
Key Highlights
- Revolving credit commitment increased by $125,000,000.
- Total revolving credit commitment now stands at $435,000,000.
- Previous revolving credit commitment was $310,000,000.
- Amendment No. 1 to the Credit Agreement was entered into on April 28, 2026.
- Coöperatieve Rabobank U.A., New York Branch, serves as the administrative agent.