Financing ·
Ashland extends €125M European accounts receivable securitization facility to September 2029
ASHAshland Inc.
Ashland Inc. entered into a Deed of Amendment and Restatement for its European accounts receivable securitization program (EU A/R Facility) on September 24, 2026. The amendment extends the facility's termination date to September 21, 2029, while maintaining an aggregate limit of €125 million. Bank of America Europe DAC assumed the role of committed purchaser from Bank of America, N.A., which remains the administrative and structuring agent. This transaction updates the receivables purchase agreement and master framework to align with current market standards. Ashland Inc. operates in the specialty chemicals industry, providing performance solutions for coatings, adhesives, sealants, and personal care products.