debt
confidence high
sentiment neutral
materiality 0.55
Axalta upsizes revolver to $800M and extends maturity to June 2029
Axalta Coating Systems Ltd.
- Revolving credit facility commitments increased from $550M to $800M.
- Maturity extended from May 2026 to June 2029, subject to acceleration provisions.
- Amendment No. 15 dated June 21, 2024; Barclays Bank PLC remains administrative agent.
- Borrowers are Axalta Dutch Holding B B.V. and Axalta U.S. Holdings; Company and certain subsidiaries are guarantors.