- Albemarle, Albemarle Europe, the lenders, and Bank of America entered into a third amendment to the amended and restated credit agreement dated October 28, 2022.
- The amendment extends the credit agreement maturity to the later of October 28, 2028 and one year thereafter if extended under Section 2.15.
- It removes a 0.10% adjustment used in calculating interest for SOFR-based loans.
- The change reduces the number of maturity extension requests under Section 2.15 to one from two.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Albemarle Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000915913-26-000057), on March 25, 2026, and is solely responsible for the information contained therein.