Innospec Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement
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| Item 1.01 | Entry into a Material Definitive Agreement. |
As disclosed in its Form 8-K filed May 31, 2023, Innospec Inc. (the “Company”) and certain subsidiaries of the Company (together with the Company, the “Borrowers”) entered into a Multicurrency Revolving Facility Agreement with various lenders (the “Agreement”) providing for a $250,000,000 multicurrency revolving loan facility available to the Borrowers (the “Facility”). The Agreement initially provided that the termination date of the Facility was May 30, 2027, but gave the Company an option to request an extension of the Facility for a further year. In accordance with the terms of the Agreement, the Company requested that the Facility be extended to May 31, 2028. On May 16, 2024, the agent for the Agreement notified the Company that all of the lenders agreed to the extension and confirmed their “approval to extend the Facility termination date to 31st May, 2028”. The extension is effective from May 20, 2024. No other terms of the Agreement or the Facility were modified. The Company paid a customary extension fee in connection with the extension of the Facility as contemplated by the Agreement.
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
See Item 1.01 above, which is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
EXHIBIT INDEX
| Number |
Description |
Method of Filing | ||
| 10.1 |
Extension Request for Multicurrency Revolving Facility Agreement and Confirmation |
Filed Herewith | ||
| 104 |
Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. | |||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INNOSPEC INC. | ||||
| By: | /s/ David B. Jones | |||
| David B. Jones | ||||
| SVP, General Counsel and CCO | ||||
Date: May 21, 2024
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