AVD credit amendment extends filing deadlines, reduces revolver by $60M, waives default

AMERICAN VANGUARD CORP

FY2024 audited financials deadline extended to 150 days (from 120); Q1 2025 quarterly to 60 days (from 45).
Revolver borrowing capacity reduced by $60M through maturity, increased from prior $50M reduction.
Existing event of default for late filing of annual report waived; limited waiver with conditions.
Amendment also includes release of lenders from claims related to loan documents prior to date.

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