---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-24-000008"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T15:00:38.166453+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Tredegar amends credit agreement, extends ABL reduction date to Sept 30, 2025; Terphane sale review continues

## Summary
- Amendment No. 4 extends the ABL Adjustment Date from March 31, 2025 to September 30, 2025.
- After the ABL Adjustment Date, maximum borrowing under the facility reduces from $180M to $125M.
- Monthly minimum Consolidated EBITDA covenants extended to accommodate the new September 2025 deadline.
- Terphane sale to Oben Group for $116M net debt-free; Brazilian CADE review ongoing, max deadline Nov 18, 2024.
- Weekly borrowing base certificates may be required if Availability drops below 20% of Aggregate Commitment.

## SEC filing metadata
- accession: 0000850429-24-000008
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/850429/000085042924000008/0000850429-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042924000008/tg-20240422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-24-000008
- JSON: https://secwatch.observer/filing/0000850429-24-000008.json
- Plain text: https://secwatch.observer/filing/0000850429-24-000008.txt

## Key facts
- Material Agreements
  TREDEGAR CORP amended Fourth Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (effective 2024-04-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto
  - Effective: 2024-04-16
  source text: On April 16, 2024, Tredegar Corporation (the “ Company ”), as borrower, and certain of the Company’s material domestic subsidiaries, as guarantors (the “ Guarantors ”), entered into Amendment No. 4 (the “ Fourth Amendment ”) to the Second Amended and Restated Credit Agreement dated June 29, 2022 (as previously amended, the “ Amended Credit Agreement ”), among JPMorgan Chase Bank, N.A., as administrative agent (the “ Agent ”), Citizens Bank, N.A. and PNC Bank, National Association, as co-syndication agents, and Bank of America, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association, as co-documentation agents, and the other lenders party thereto (collectively, the “ Lenders ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/850429/000085042924000008/0000850429-24-000008-index.htm

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