---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-403127"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2026-09-26T01:47:26+00:00"
generated_at: "2026-10-12T13:28:48.336386+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Stepan signs new $500M credit agreement: $350M revolver, $150M term loan maturing 2031

## Summary
- New five-year facilities comprise a $350.0M multicurrency revolving credit facility and a $150.0M delayed draw term loan facility, each maturing September 25, 2031.
- They replace Stepan's $350.0M revolver and $100.0M delayed draw term loan under the credit agreement dated June 24, 2022, adding $50.0M of capacity.
- Expansion option permits up to an additional $250.0M via revolver increases or one or more incremental term loan tranches, subject to conditions.
- Pricing is leverage-based: term benchmark spread 1.125%-1.625%, base rate spread 0.125%-0.625%, and commitment/ticking fees of 0.125%-0.225%.
- Proceeds may fund working capital, permitted acquisitions, capital expenditures and general corporate purposes; JPMorgan Chase is administrative agent and Bank of America syndication agent.

## SEC filing metadata
- accession: 0001193125-26-403127
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2026-09-26T01:47:26+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000119312526403127/0001193125-26-403127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000119312526403127/d117818d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-403127
- JSON: https://secwatch.observer/filing/0001193125-26-403127.json
- Plain text: https://secwatch.observer/filing/0001193125-26-403127.txt

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