---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-064284"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2026-10-01T20:36:54+00:00"
generated_at: "2026-10-12T14:25:26.607309+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton closes $550M 7-year Term Loan B at SOFR+175bps, repaying U.S. Term Loans

## Summary
- New senior secured U.S. dollar Term Loan B facility of $550 million matures October 1, 2033; priced at Term SOFR + 1.750% or Base Rate + 0.750%.
- Proceeds repay in full existing U.S. Term Loans, whose aggregate principal balance was $0 as of the amendment's effective date; Quaker Houghton calls it a leverage-neutral transaction.
- Quarterly amortization of 0.25% of initial principal with balance due at maturity; 1.00% prepayment premium applies to repricing events within six months of October 1, 2026.
- Mandatory excess-cash-flow prepayments step down with leverage: 50% above 3.75x, 25% at or below 3.75x but above 3.25x, 0% at or below 3.25x, with a $30M annual threshold.
- CEO Joseph Berquist said the deal extends the debt maturity profile and cuts required annual debt payments; JPMorgan Chase Bank, N.A. is administrative agent for the facility.

## SEC filing metadata
- accession: 0001628280-26-064284
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2026-10-01T20:36:54+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/81362/000162828026064284/0001628280-26-064284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000162828026064284/kwr-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-064284
- JSON: https://secwatch.observer/filing/0001628280-26-064284.json
- Plain text: https://secwatch.observer/filing/0001628280-26-064284.txt

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