Mineral Technologies amended its credit agreement to include a new senior secured revolving facility in the aggregate amount of $300 million.
According to a related 8-K filing, JPMorgan served as administrative agent for the transaction.
The existing credit agreement provided for, among other things, a $788 million senior secured floating rate term loan facility, a $300 million senior secured fixed rate term loan facility and a $200 million senior secured revolving credit facility.
The amendment provides for, among other things, a new senior secured revolving credit facility with aggregate commitments of $300 million. The refinancing revolving facility replaces the existing revolving facility. The maturity date for loans under the refinancing revolving facility is April 18, 2023.
