H.B. Fuller Company and certain of its foreign subsidiaries entered into a credit agreement with JPMorgan Chase Bank as administrative agent. The new agreement is intended to replace a credit agreement dated October 31, 2014.

The new agreement establishes a $400 million multi-currency revolving credit facility and a $100 million term credit facility. The company may use the facilities to repay certain existing indebtedness, finance working capital needs and for general corporate purposes of the company and its subsidiaries, including any permitted acquisitions and any permitted purchase or redemption of capital stock of the company.

U.S. Bank, Citibank and Morgan Stanley MUFG Loan Partners served as co-syndication agents, and Bank of America, HSBC Bank USA and PNC Bank served as co-documentation agents.

The term facility was drawn in full on April 12, 2017 and used to pay the $100 million then outstanding under the prior credit agreement.

The new agreement expires on April 12, 2022, at which time all outstanding loans under the facilities mature.