Financing ·
On July 24, 2026, Balchem Corporation entered into Amendment No. 1 to its Amended and Restated Credit Agreement with…
BCPCBalchem Corp
On July 24, 2026, Balchem Corporation entered into Amendment No. 1 to its Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. and JPMorgan SE. The amendment increases the aggregate revolving commitment from $550 million to $650 million and extends the maturity date from July 27, 2027, to July 24, 2031. Key terms include enabling the Foreign Borrower to borrow funds, eliminating a 10 basis point SOFR adjustment, and reducing applicable margins for loans at Tier 3 and 4 leverage levels by 12.5 basis points. Balchem also entered into an Omnibus Reaffirmation and Amendment Agreement regarding its existing Security and Pledge Agreement. Balchem Corporation is a specialty chemical company providing ingredients and nutritional solutions.