secwatch.observer — SEC 8-K summary
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Issuer:     ASHLAND INC. (ASH)
CIK:        0001674862
Form:       8-K
Filed at:   2026-05-29T10:30:17+00:00
Accession:  0001193125-26-246229
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ashland enters $500M five-year unsecured revolving credit facility
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- New credit agreement provides $500M revolver (incl. $125M LC sublimit), maturing May 28, 2031.
- Initial pricing: Term SOFR/EURIBOR +1.375% or base rate +0.375%; unused fee 0.175%.
- Facility replaces prior $500M revolver dated July 2022; proceeds for working capital and general corporate purposes.
- Financial covenants: max Consolidated Net Leverage Ratio and min Consolidated Interest Coverage Ratio.
- Guaranteed by Ashland for Swiss borrower; customary negative covenants and events of default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674862/000119312526246229/0001193125-26-246229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674862/000119312526246229/ash-20260528.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-246229

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