debt
confidence high
sentiment positive
materiality 0.50
Axalta reduces term loan interest rate spread from 2.50% to 2.00% via Amendment No. 14
Axalta Coating Systems Ltd.
- Amendment No. 14 lowers SOFR-based interest rate spread on term loan by 50 bps to 2.00%.
- Effective March 18, 2024; other terms including principal amount and maturity unchanged.
- Borrowers: Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc.