Quaker Chemical Secures $550 Million 7-Year Term Loan B With JPMorgan to Refinance Debt
Quaker Chemical entered into a Term Loan B Amendment establishing a new $550 million senior secured seven-year term loan B facility to refinance its outstanding U.S. term loans. The facility bears interest at Term SOFR plus 1.75% or the Base Rate plus 0.75%, includes quarterly amortization of 0.25…