Financing ·
Valvoline Inc. entered into an amendment to its Second Amended and Restated Credit Agreement on June 30, 2026, to…
VVVValvoline Inc
Valvoline Inc. entered into an amendment to its Second Amended and Restated Credit Agreement on June 30, 2026, to refinance all outstanding Term B Loans. The refinancing involved a combination of cashless rolls by existing lenders and new cash-funded loans provided by The Bank of Nova Scotia. The aggregate principal amount of the Refinanced Term B Loans remains $738,150,000. These loans bear interest at adjusted term SOFR plus 1.75% per annum or the base rate plus 0.75% per annum. The facility maintains a seven-year maturity from December 1, 2025, with quarterly amortization of 0.25% beginning September 30, 2026. Valvoline Inc. is an automotive service and product company.