---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-101222"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:19:59.049544+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Stepan amends note purchase agreements; increases facility capacity and extends issuance period to 2027

## Summary
- Prudential NPA facility increased to $225M; issuance period extended to Aug 27, 2027.
- NYL NPA facility increased to $175M from $125M; issuance period extended to Aug 27, 2027.
- Total combined borrowing capacity under both facilities raised to $400M.
- Existing $275M in outstanding senior notes (2.30%-2.83% due 2028-2032) unchanged.
- Stepan paid $25K structuring fee to each of Prudential and NYL.

## SEC filing metadata
- accession: 0000950170-24-101222
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017024101222/0000950170-24-101222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000095017024101222/scl-20240827.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-101222
- JSON: https://secwatch.observer/filing/0000950170-24-101222.json
- Plain text: https://secwatch.observer/filing/0000950170-24-101222.txt

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