Myers Industries enters $250M revolver, ups dividend capacity to $22M

MYERS INDUSTRIES INC

New $250M revolving credit facility with JPMorgan as agent; used to repay existing revolver.
Interest rate spreads: Term SOFR/EURIBOR/CDOR + 1.025%-1.600%; ABR + 0.025%-0.60%.
Amended Note Purchase Agreement to increase restricted payment (dividend) capacity from $17M to $22M.
Effective date September 29, 2022; maturities and other terms unchanged.

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