---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-039754"
form_type: "8-K"
ticker: "CMP"
cik: "0001227654"
company_name: "COMPASS MINERALS INTERNATIONAL INC"
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T06:59:32.945086+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "medium"
source: SEC EDGAR
---

# Compass Minerals amends credit agreement for covenant relief amid weak deicing season

## Summary
- Amendment provides temporary financial covenant relief and greater flexibility across operating scenarios.
- Triggered by exceptionally mild deicing season and trough-level plant nutrition earnings, says CFO Lorin Crenshaw.
- CFO cites recalibrated strategic focus on balance sheet strengthening, fixed cost reductions, and lower capital intensity.
- Unanimous support from bank group; no new loan amounts or maturity changes disclosed.

## SEC filing metadata
- accession: 0001104659-24-039754
- form_type: 8-K
- ticker: CMP
- cik: 0001227654
- company_name: COMPASS MINERALS INTERNATIONAL INC
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: medium
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227654/000110465924039754/0001104659-24-039754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227654/000110465924039754/tm249901d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-039754
- JSON: https://secwatch.observer/filing/0001104659-24-039754.json
- Plain text: https://secwatch.observer/filing/0001104659-24-039754.txt

## Key facts
- Material Agreements
  COMPASS MINERALS INTERNATIONAL INC amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent and the lenders (effective 2024-03-27).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and the lenders
  - Effective: 2024-03-27
  source text: On March 27, 2024, Compass Minerals International, Inc. (the “Company”) entered into an amendment no. 1 (the “Amendment”) to the credit agreement dated as of April 20, 2016
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227654/000110465924039754/0001104659-24-039754-index.htm

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