Adient reduces interest rate margin on $632M term loan to 2.25% (Term SOFR) and 1.25% (Base Rate)

Adient plc

Amendment No. 4 to Term Loan Credit Agreement dated Dec 12, 2024 reduces Applicable Margin for Term SOFR loans to 2.25% and Base Rate loans to 1.25%.
Total outstanding loans of $632M remain unchanged; obligations continue secured and guaranteed on same terms.
Repricing event triggers a 1.00% prepayment fee if occurs within six months of the effective date.
Amendment was consented to by Required Lenders; non-consenting lenders' loans were assigned to Bank of America as New Term Lender.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.