Ecovyst Completes ABL Facility Amendments

Financial Flexibility and Credit Agreement - Ecovyst Inc. announced the amendment of its existing ABL credit agreement, maintaining the facility at $100 million and extending it to April 2030 [1] - The amended facility will have an interest rate based on Term SOFR or a base rate with a margin of 1.25% - 1.75% or 0.25% - 0.75% per annum [1] - The CFO stated that this amendment is expected to enhance financial flexibility, reduce credit risk, lower borrowing costs, and improve liquidity [2] Recent Financial Adjustments - In January 2025, Ecovyst amended its Term Loan Facility, reducing the interest rate spread by 25 basis points to Term SOFR plus 2.00% per annum [2] Company Overview - Ecovyst Inc. is a global provider of advanced materials, specialty catalysts, and sulfuric acid regeneration services, focusing on sustainability [3] - The company operates two specialty businesses: Ecoservices, which provides sulfuric acid recycling and chemical waste handling, and Advanced Materials & Catalysts, which supplies finished silica catalysts and specialty zeolites [4]