Eastman Kodak secures $450M term loan facility at 12.5% interest; extends maturity to 2028

On June 30, 2023, Eastman Kodak Company (the “ Company ”) and certain of its subsidiaries (the “ Subsidiary Guarantors ”) entered into an amendment (the “ Term Loan Amendment ”) to the Credit Agreement, dated as of February 26, 2021, among the Company and certain funds affiliated with Kennedy Lewis Investment Management LLC (“ KLIM ”) as lenders (the “ Term Loan Lenders ”) and Alter Domus (US) LLC, as administrative agent (the “ Agent ”) (the “ Existing Term Loan Credit Agreement ” and, as amended and restated by the Term Loan Amendment, the “ Amended and Restated Term Loan Credit Agreement ”), with the Agent and certain funds affiliated with KLIM named therein (the “ Refinancing Term Loan Lenders ”).

On June 30, 2023, the Company and the Subsidiary Guarantors entered into an amendment (the “ L/C Facility Amendment ”) to the Letter of Credit Facility Agreement, dated as of February 26, 2021, among the Company, the Subsidiary Guarantors, Bank of America, N.A., as a lender (the “ L/C Lender ”), the other lenders party thereto, Bank of America, N.A., as agent (the “ L/C Agent ”), and Bank of America, N.A., as issuing bank (the “ Issuing Bank ”) (as amended, amended and restated, modified and supplemented prior to the L/C Facility Amendment, the “ Existing L/C Facility Agreement ” and, as amended and restated by the L/C Facility Amendment, the “ Amended and Restated L/C Facility Agreement ”), with Bank of America, N.A., as L/C Lender, L/C Agent and Issuing Bank.