Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. The Fourth Amendment enhances Kronos' financial flexibility by increasing the maximum borrowings under the asset-based revolving credit facility from $300 million to $350 million. Additionally, the amendment raises the borrowing limits for Kronos Europe NV from €30 million to €55 million, and for Kronos Titan GmbH from €60 million to €85 million. This financial maneuver is aimed at providing additional liquidity for general corporate purposes and supporting near-term debt maturities, including the upcoming €75 million in 3.75% Senior Secured notes due in September 2025.
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