Axalta expects $2.0B new term loan to refinance existing $2.021B loan due June 2024

Axalta Coating Systems Ltd.

Planned seven-year $2.0B term loan; proceeds plus cash on hand repay $2.021B existing loan maturing June 2024.
Amendment to Credit Agreement subject to market and other conditions; no assurance deal will close.
Refinancing extends debt maturity profile by approximately five years, from 2024 to ~2029.

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