M&A
confidence high
sentiment neutral
materiality 0.60
Materion amends credit agreement to raise leverage covenant for H.C. Starck acquisition
MATERION Corp
- Amendment No. 1 to Third Amended and Restated Credit Agreement entered on Sept 30, 2021.
- Increases maximum leverage ratio covenant to permit debt for proposed acquisition of H.C. Starck Inc.
- Lender group includes JPMorgan Chase, Wells Fargo, Bank of America, and KeyBank.