Quaker Houghton Announces Successful Completion of Term Loan B Refinancing in Leverage-Neutral Transaction
PR Newswire•01/10/2026•16:30 ET
0
Key Highlights
- ➤$550 million Term Loan B refinancing completed for Quaker Houghton (KWR)
- ➤New facility matures October 2033 and is priced at SOFR +175 basis points
- ➤Quarterly amortization set at 0.25% of initial principal amount
- ➤Refinancing repays U.S. Term Loans outstanding under existing Credit Agreement
Expert Statements
Joseph Berquist, Chief Executive Officer of Quaker Houghton
“The completion of this Term Loan B provides greater flexibility in our capital structure by extending our debt maturity profile and reducing required annual debt payments. This transaction positions us to continue investing in strategic growth initiatives while maintaining our commitment to disciplined capital allocation and value creation. We are pleased with the strong support from the lending community, which reflects confidence in Quaker Houghton’s market leadership, cash flow generation, and long-term growth strategy.”
Quaker Houghton Announces Successful Completion of Term Loan B Refinancing in Leverage-Neutral Transaction PR Newswire
CONSHOHOCKEN, Pa., Oct. 1, 2026 /PRNewswire/ -- Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, announced today that it has successfully closed on a new 7-year U.S. dollar-denominated Term Loan B facility with an aggregate principal amount of $550 million. The Term Loan B amends the Company's existing Credit Agreement, and proceeds will be used to repay in full the U.S. Term Loans outstanding under that agreement.
Get started
Create a free account to read the full story.