Albemarle extends credit agreement maturity to 2028, removes SOFR adjustment

ALBEMARLE CORP

Maturity date extended to the later of October 28, 2028 or one year after any permitted extension.
0.10% SOFR adjustment eliminated from interest rate calculation on SOFR-based loans.
Number of maturity extension options reduced from two to one under Section 2.15.
Amendment executed on March 19, 2026, with Bank of America as administrative agent.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ALBEMARLE CORP amended Third Amendment with Bank of America, N.A. (effective 2026-03-19).

Action: amendment
Agreement: credit facility
Counterparty: Bank of America, N.A.
Effective: 2026-03-19

Exact text from the filing

On March 19, 2026, Albemarle Corporation (the “Company”), Albemarle Europe Srl, the lenders party thereto and Bank of America, N.A., as administrative agent, entered into the third amendment (the “Third Amendment”) to that certain amended and restated credit agreement dated as of October 28, 2022

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Source: SEC EDGAR

accession 0000915913-26-000057

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