debt
confidence high
sentiment positive
materiality 0.45
Covista reprices $510M term loans, cutting SOFR margin 25bps to 2.00%
Covista Inc.
- Amended credit agreement Sept 18, 2026; repriced all $510M of term loans outstanding.
- SOFR margin cut from 2.25% to 2.00%; base rate margin from 1.25% to 1.00%.
- 1.00% soft-call premium on prepayment/repricing within six months of effective date.
- Other material terms unchanged; Morgan Stanley Senior Funding remains administrative agent.