Financing ·
Covista Inc. reprices $510 million term loans with reduced interest rate margin under amended credit agreement
CVSACovista Inc.
On September 18, 2026, Covista Inc. entered into Amendment No. 6 to its Credit Agreement with Morgan Stanley Senior Funding, Inc., repricing $510 million in outstanding term loans. The amendment reduced the interest rate margin from Term SOFR plus 2.25% (or base rate plus 1.25%) to Term SOFR plus 2.00% (or base rate plus 1.00%). A 1.00% soft call premium applies to prepayments or amendments occurring within six months of the effective date. Other terms remain unchanged. Covista Inc. operates in the healthcare services industry, specifically providing medical billing and revenue cycle management solutions.