---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-073074"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:39:32.263484+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quaker Chemical refinances credit facilities with $1.25B in new loans and revolver

## Summary
- New facilities: $150M euro term loan, $600M USD term loan, $500M revolver; matures June 17, 2027.
- Proceeds used to repay existing loans; interest rates based on Term SOFR plus 1.00%-1.75% for USD.
- Financial covenants: net leverage ratio max 4.00:1, interest coverage test, dividends up to $75M annually.
- Released certain foreign subsidiary guarantors and Ultraseal America from guarantee obligations.

## SEC filing metadata
- accession: 0001104659-22-073074
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000110465922073074/0001104659-22-073074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000110465922073074/tm2218990d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-073074
- JSON: https://secwatch.observer/filing/0001104659-22-073074.json
- Plain text: https://secwatch.observer/filing/0001104659-22-073074.txt

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