Element Solutions Inc — fact timeline

Element Solutions Inc updated its full year 2026 guidance (raised).

“The Company now expects full year 2026 adjusted EBITDA to be in the range of $665 million to $685 million”

Element Solutions Inc reported the three months ended March 31, 2026 results: revenue Net sales of $840 million, net income Reported net income of $56 million, EPS GAAP diluted EPS was $0.23. Guidance raised.

“by specific reference to such filing. --- EX-99.1 (EX-99.1) --- Element Solutions Inc Reports Record Quarterly Results and Increases 2026 Full Year Guidance • Net sales of $840 million, an increase of 41% on a reported basis or 10% on an organic basis from the first quarter of 2025 • Reported net income of $56 million, compared to $98 million in the same period”

Element Solutions Inc entered an off-balance-sheet arrangement for term loan of $350 million maturing December 2029.

“In connection with Amendment No. 10, the Company entered into new interest rate swaps and cross-currency swaps to effectively convert $350 million of the New Term Loans, a U.S. Dollar denominated debt obligation, into fixed-rate euro-denominated debt through December 2029.”

Element Solutions Inc incurred revolving credit of $500 million at Term SOFR, Adjusted EURIBO Rate or Daily Simple RFR (each as defined in the Cred maturing February 2, 2031.

“Amendment No. 10 provided for (i) an incremental term facility for new U.S. Dollar denominated term loans (the "New Term Loans") in an aggregate principal amount of $450 million with such New Term Loans established as an increase to, and fungible with, the Company's existing $836 million tranche B U.S. Dollar denominated term loans (the "Existing Term Loans" and together with the New Term Loans, the "Term Loans") and (ii) a new revolving credit facility in an aggregate principal amount of $500 million (the "New Revolving Credit Facility"), which replaced the $375 million revolving credit facility in effect immediately prior to the Effective Date (the "Initial Revolving Credit Facility"), thereby upsizing the Initial Revolving Credit Facility by $125 million and also extending its maturity to February 2, 2031.”

Element Solutions Inc incurred term loan of $450 million at Term SOFR (as defined in the Credit Agreement), subject to a rate floor of 0%, p maturing December 18, 2030.

“Amendment No. 10 provided for (i) an incremental term facility for new U.S. Dollar denominated term loans (the "New Term Loans") in an aggregate principal amount of $450 million with such New Term Loans established as an increase to, and fungible with, the Company's existing $836 million tranche B U.S. Dollar denominated term loans (the "Existing Term Loans" and together with the New Term Loans, the "Term Loans") and (ii) a new revolving credit facility in an aggregate principal amount of $500 million (the "New Revolving Credit Facility"), which replaced the $375 million revolving credit facility in effect immediately prior to the Effective Date (the "Initial Revolving Credit Facility"), thereby upsizing the Initial Revolving Credit Facility by $125 million and also extending its maturity to February 2, 2031. The proceeds of the New Term Loans, together with available cash, were used to finance the purchase price of the previously-announced acquisition of Micromax, which closed on Febr”

Element Solutions Inc amended Amendment No. 10 and Joinder to Credit Agreement with Citibank, N.A. valued at $450 million New Term Loans and $500 million New Revolving Credit Facility, upsizing by $125 million (effective 2026-02-02).

“Incremental Term Loans & Revolver Upsize On February 2, 2026 (the "Effective Date"), Element Solutions Inc (the "Company"), MacDermid, Incorporated ("MacDermid," and together with the Company, the "Borrowers"), certain subsidiaries of the Company party thereto, Citibank, N.A., as collateral agent and administrative agent (the "Agent"), and the lenders party thereto, entered into an Amendment No. 10 and Joinder to Credit Agreement ("Amendment No. 10"), which amends that certain credit agreement, dated as of January 31, 2019 (as amended and/or supplemented from time to time, the “Credit Agreement”).”

John E. Capps departed as Executive Vice President, General Counsel and Secretary at Element Solutions Inc.

“On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.”

Richard L. Fricke was appointed as Executive Vice President, Head of Electronics at Element Solutions Inc.

“Richard L. Fricke, an executive officer and Senior Vice President, Electronics of the Company, will replace Mr. D'Ambrisi, effective July 1, 2024.”

Joseph J. D'Ambrisi departed as Executive Vice President, Head of Electronics at Element Solutions Inc.

“Joseph J. D'Ambrisi will resign as Executive Vice President, Head of Electronics and a named executive officer of the Company, effective July 1, 2024.”