---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-183826"
form_type: "8-K"
ticker: "FMC"
cik: "0000037785"
company_name: "FMC CORP"
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:21:14.178890+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FMC amends credit agreement to raise max leverage ratio temporarily to 4.00x through Q1 2024

## Summary
- Max leverage ratio increased to 4.00x for fiscal quarters June 30, 2023 through March 31, 2024.
- Effective June 30, 2024, leverage ratio returns to 3.75x under Fifth Amended and Restated Credit Agreement.
- Amendment executed June 30, 2023 with lenders including Citibank, Bank of America, JPMorgan, and others.
- Represents a covenant relaxation, providing additional financial flexibility for near-term periods.

## SEC filing metadata
- accession: 0001193125-23-183826
- form_type: 8-K
- ticker: FMC
- cik: 0000037785
- company_name: FMC CORP
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37785/000119312523183826/0001193125-23-183826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37785/000119312523183826/d508948d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-183826
- JSON: https://secwatch.observer/filing/0001193125-23-183826.json
- Plain text: https://secwatch.observer/filing/0001193125-23-183826.txt

## Key facts
- Material Agreements
  FMC CORP amended Amendment No. 1 with the Lenders, the issuing banks, and Citibank, N.A. (effective 2023-06-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the Lenders, the issuing banks, and Citibank, N.A.
  - Effective: 2023-06-30
  source text: On June 30, 2023, FMC Corporation (the “ Company ”) entered into Amendment No. 1 (the “ Amendment ”) to that certain Fifth Amended and Restated Credit Agreement, dated as of June 17, 2022, among the Company, as U.S. Borrower, certain foreign subsidiaries of the Company party thereto, as Euro Borrowers, the lenders party thereto (the “ Lenders ”) and issuing banks party thereto and Citibank, N.A., as administrative agent (the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/37785/000119312523183826/0001193125-23-183826-index.htm

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