debt
confidence high
sentiment neutral
materiality 0.65
Viskase extends credit maturity to Aug 2027, raises interest rates 100bps
Viskase Holdings, Inc.
- Maturity of credit facility extended from Aug 13, 2026 to Aug 13, 2027.
- Revolving loans rate increased from 3.0% to 4.0%; term loans from 2.0% to 3.0%.
- Letter of credit fees also rose from 3.0% to 4.0%.
- Amendment permits sale of Osceola Facility equipment/real property and Chicago Property.
- Borrower paid $682,000 amendment fee to lenders; EBITDA definition amended.