Adient plc amended its Term Loan Credit Agreement to secure $500 million in incremental term loans, bringing total outstanding debt under the facility to $1.12 billion as of August 20, 2026. The company intends to use these proceeds, along with existing cash, to redeem all $500 million principal amount of its 7.000% Senior Secured Notes due 2028 and cover associated transaction fees. The new loans carry the same maturity and terms as the existing credit agreement, which remains secured by Adient plc and certain subsidiaries. This refinancing activity alters the company's capital structure by replacing high-yield bond debt with bank term loan debt. Adient plc is a global leader in automotive seating systems.
