GCP Applied Technologies amended its credit agreement, increasing the aggregate principal amount of its revolving credit facility to $350 million. According to a related 8-K filing, Deutsche Bank, New York branch acted as both administrative and collateral agent on the transaction.

Deutsche Bank Securities, Merrill Lynch, Citibank, Goldman Sachs Bank, Keybank and PNC Capital Markets acted as joint lead arrangers and joint bookrunners. Bank of America served as syndication agent. Citibank, Goldman Sachs Bank, Keybank and PNC Capital Markets were co-documentation agents.

The amendment, among other things, increased the aggregate principal amount of revolving commitments to $350 million, extended the maturity date of the revolving credit facility to 2023 and made certain other changes to the covenants and other provisions.

GCP is a provider of construction products technologies that include additives for cement and concrete, the VERIFI in-transit concrete management system, high-performance waterproofing products and specialty systems.