Ashland Inc. 8-K Filing
2026-05-29SEC Filing 8-K (0001193125-26-246229)
This filing reports on Ashland Inc. entering into a Second Amended and Restated Credit Agreement on May 28, 2026. This agreement provides for a $500 million five-year revolving credit facility, which can be drawn by Ashland or the Swiss Borrower for working capital and general corporate purposes. The facility amends and restates a previous credit agreement from July 22, 2022. The obligations of the Swiss Borrower are guaranteed by Ashland, and the facility is unsecured. Interest rates are based on Term SOFR or EURIBOR, with margins that fluctuate based on the Consolidated Net Leverage Ratio. The agreement includes customary representations, covenants, and events of default. This is classified as a FINANCIAL_OBLIGATION_TRIGGER event.
Ticker mentioned:ASH
Source:Original SEC Document β