---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-23-000075"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:59:31.532113+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Albany International upsizes revolving credit facility to $800M, matures 2028

## Summary
- New $800M unsecured five-year revolving credit facility replaces prior $700M four-year facility from Oct 2020.
- Matures August 16, 2028; interest rate based on Term SOFR plus spread of 1.50% to 2.00% depending on leverage ratio.
- Lenders include JPMorgan, Bank of America, Wells Fargo, Capital One, Truist, TD Bank, PNC, HSBC, Nordea.
- Proceeds to be used for working capital, general corporate purposes, and financing acquisitions.
- Guarantees by certain U.S. and foreign subsidiaries; similar covenants to prior agreement.

## SEC filing metadata
- accession: 0000819793-23-000075
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979323000075/0000819793-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979323000075/ain-20230816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-23-000075
- JSON: https://secwatch.observer/filing/0000819793-23-000075.json
- Plain text: https://secwatch.observer/filing/0000819793-23-000075.txt

## Key facts
- Debt Financings
  ALBANY INTERNATIONAL CORP /DE/ incurred revolving credit of $800 million with JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender at Term SOFR plus a spread based on the Registrant’s leverage ratio and a pricing g maturing August 16, 2028.
  - Instrument: revolving credit
  - Principal: $800 million
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender
  - Rate: Term SOFR plus a spread based on the Registrant’s leverage ratio and a pricing g
  - Maturity: August 16, 2028
  - Event: incurrence
  source text: On August 16, 2023, Albany International Corp. (the “Registrant” or the “Company”) entered into a $800 million unsecured Five-Year Revolving Credit Facility Agreement (the “New Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000075/0000819793-23-000075-index.htm
- Material Agreements
  ALBANY INTERNATIONAL CORP /DE/ entered into $800 million unsecured Five-Year Revolving Credit Facility Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent valued at $800,000,000 (effective 2023-08-16).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Value: $800,000,000
  - Effective: 2023-08-16
  source text: On August 16, 2023, Albany International Corp. (the “Registrant” or the “Company”) entered into a $800 million unsecured Five-Year Revolving Credit Facility Agreement (the “New Agreement”) among the Company, Albany International Holding (Switzerland) AG, Albany International Europe GmbH and Albany International Canada Corp., as Borrowers, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender, which amended and restated the prior amended and restated $700 million Four-Year Revolving Credit Facility Agreement, which we had entered into on October 27, 2020 (the “Prior Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000075/0000819793-23-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.