TETRA Technologies amends term loan: rate cut to SOFR+5.00%, maturity extended to Dec 31, 2030

TETRA TECHNOLOGIES INC

First Amendment to Credit Agreement dated Oct 2, 2026 cuts term loan rate to SOFR + 5.00% from SOFR + 5.75%, effective Oct 2, 2026.
Maturity extended to Dec 31, 2030 from Jan 12, 2030; amortization eliminated until June 30, 2028, then 0.625% of original principal per quarter, rising to 1.25% per quarter from June 30, 2029.
TETRA Bromine Project LLC becomes guarantor and pledges a security interest in elemental bromine extracted or processed at the Arkansas Bromine Processing Facility.
Post-closing: material real property documents for the Arkansas Bromine Processing Facility due within 60 days; control agreements for Bromine Project Company accounts due within 30 days.
Amendment caps reimbursable administrative agent legal expenses at $75,000 excluding filing/recordation fees; Silver Point Finance, LLC remains administrative agent.

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