---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-183463"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:38:06.722031+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# American Vanguard extends credit facility to Dec 2026; borrowing capacity reduced, EBITDA covenants added

## Summary
- Maturity extended from Aug 5, 2026 to Dec 31, 2026; borrowing capacity steps down from $245M to $180M by year-end.
- New YTD consolidated EBITDA minimums: $4.5M (Jun 30, 2025), $9.5M (Sep 30, 2025), $35M (Dec 31, 2025); TTM EBITDA $37.5M by Mar 31, 2026.
- Total leverage ratio covenant suspended until Jun 30, 2026; thereafter 4.00:1.00; prepayment required if cash exceeds threshold.
- CEO cites Q2 results as snapshot of potential; extension provides time to demonstrate earnings power to investors.

## SEC filing metadata
- accession: 0001193125-25-183463
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312525183463/0001193125-25-183463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312525183463/d21123d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-183463
- JSON: https://secwatch.observer/filing/0001193125-25-183463.json
- Plain text: https://secwatch.observer/filing/0001193125-25-183463.txt

## Key facts
- Debt Financings
  AMERICAN VANGUARD CORP amended revolving credit of $245,000,000 with BMO Bank, N.A. maturing December 31, 2026.
  - Instrument: revolving credit
  - Principal: $245,000,000
  - Counterparty: BMO Bank, N.A.
  - Maturity: December 31, 2026
  - Event: amendment
  source text: On August 18, 2025, AMVAC Chemical Corporation (“AMVAC”), principal operating subsidiary of American Vanguard Corporation (“Registrant” or the “Company”), as borrower, and affiliates (including Registrant), as guarantors and/or borrowers, entered into Amendment Number Twelve (the “Amendment”) to the Third Amended and Restated Loan and Security Agreement (the “Loan Agreement”) with a group of commercial lenders led by BMO Bank, N.A. (successor to the Bank of the West), as administrative agent for the lenders. The Amendment extends the maturity date of the Loan Agreement from August 5, 2026 to December 31, 2026 (the “Loan Extension”) and amends the borrowing capacity under the revolving credit facility to $245,000,000 through November 29, 2025, then $225,000,000 until December 30, 2025, then $200,000,000 until March 31, 2026 and then $180,000,000 through December 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/5981/000119312525183463/0001193125-25-183463-index.htm

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