---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-027537"
form_type: "8-K"
ticker: "BCPC"
cik: "0000009326"
company_name: "BALCHEM CORP"
filed_at: "2022-08-01T23:59:59+00:00"
generated_at: "2026-06-24T06:45:48.793289+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Balchem enters $550M revolving credit facility, refinances existing debt

## Summary
- New $550M senior revolving credit facility matures in 5 years from July 27, 2022.
- Proceeds used to refinance all outstanding indebtedness under the prior 2018 credit agreement.
- Financial covenants: max consolidated net leverage ratio of 4.00x; min interest coverage of 3.00x.
- Facility includes $10M letter of credit sublimit and $10M swing line sublimit.
- Interest rate grid based on leverage: Term Benchmark loans range from SOFR+1.00% to +1.625%.

## SEC filing metadata
- accession: 0001140361-22-027537
- form_type: 8-K
- ticker: BCPC
- cik: 0000009326
- company_name: BALCHEM CORP
- filed_at: 2022-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/9326/000114036122027537/0001140361-22-027537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9326/000114036122027537/brhc10040170_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-027537
- JSON: https://secwatch.observer/filing/0001140361-22-027537.json
- Plain text: https://secwatch.observer/filing/0001140361-22-027537.txt

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