Valvoline refinances $738M Term B loans; rate SOFR+1.75%, maturity unchanged

VALVOLINE INC

Refinanced $738.15M Term B loans via cashless roll and cash; same aggregate principal.
New rate: adjusted term SOFR + 1.75% or base rate + 0.75%.
Quarterly amortization at 0.25% of principal starting Sept 30, 2026.
Maturity remains Dec 1, 2032 (7 years from original Dec 1, 2025).
1% premium on certain repricing transactions within 6 months.

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