Balchem ups revolver to $650M, extends maturity to 2031, adds foreign borrower

BALCHEM CORP

Revolving commitment increased from $550M to $650M.
Maturity extended from July 27, 2027 to July 24, 2031.
Foreign subsidiary Balchem B.V. added as a borrower under the facility.
10 bps SOFR adjustment eliminated; margin reduced 12.5 bps at Tier 3 and 4 leverage levels.
Departing lender KeyBank National Association repaid and released from commitments.

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