---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-159041"
form_type: "8-K"
ticker: "IOSP"
cik: "0001054905"
company_name: "INNOSPEC INC."
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T08:53:36.017262+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Innospec closes new $250M multicurrency revolving credit facility, replacing 2019 bank facility

## Summary
- Four-year unsecured facility matures May 30, 2027, with option to extend one year at Company's discretion.
- Accordion feature permits increasing total commitments by up to $125M; lenders include Barclays, U.S. Bank, Wells Fargo, and new JP Morgan.
- Initial interest margin increased to 1.25% over Term SOFR (USD) and SONIA (GBP), replacing LIBOR-based pricing.
- Proceeds for general corporate purposes, working capital, and future acquisitions; backed by Company and subsidiary guarantees.

## SEC filing metadata
- accession: 0001193125-23-159041
- form_type: 8-K
- ticker: IOSP
- cik: 0001054905
- company_name: INNOSPEC INC.
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1054905/000119312523159041/0001193125-23-159041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1054905/000119312523159041/d246011d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-159041
- JSON: https://secwatch.observer/filing/0001193125-23-159041.json
- Plain text: https://secwatch.observer/filing/0001193125-23-159041.txt

## Key facts
- Debt Financings
  INNOSPEC INC. incurred revolving credit of $250,000,000 with various lenders at 1.25% added to the interest rate maturing May 30, 2027.
  - Instrument: revolving credit
  - Principal: $250,000,000
  - Counterparty: various lenders
  - Rate: 1.25% added to the interest rate
  - Maturity: May 30, 2027
  - Event: incurrence
  source text: lenders (the “Agreement”) which replaces the Company’s credit facility agreement dated September 26, 2019 (the “Pre-Existing Credit Agreement”). The Agreement provides for a $250,000,000 four-year multicurrency revolving loan facility available to the Borrowers (the “Facility”). The Agreement also contains an accordion feature whereby the Company may elect to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1054905/000119312523159041/0001193125-23-159041-index.htm
- Material Agreements
  INNOSPEC INC. entered into Multicurrency Revolving Facility Agreement with various lenders valued at $250,000,000 (effective 2023-05-31).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: various lenders
  - Value: $250,000,000
  - Effective: 2023-05-31
  source text: On May 31, 2023, Innospec Inc. (the “Company”) and certain subsidiaries of the Company (together with the Company, the “Borrowers”) entered into a Multicurrency Revolving Facility Agreement with various lenders (the “Agreement”) which replaces the Company’s credit facility agreement dated September 26, 2019 (the “Pre-Existing Credit Agreement”). The Agreement provides for a $250,000,000 four-year multicurrency revolving loan facility available to the Borrowers (the “Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1054905/000119312523159041/0001193125-23-159041-index.htm

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