Quaker Houghton Announces Amended Credit Agreement; Extends Debt Maturities and Increases Available Credit

CONSHOHOCKEN, Pa., April 14, 2026 /PRNewswire/ -- Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, announced today that it has entered into an amended credit agreement (the "Amended Agreement") with certain existing and new holders and lenders of the Company's outstanding term loans and revolving credit facility. The Amended Agreement extends the Company's nearest debt maturity to 2031, improves its overall credit terms, and significantly increases the amount available under its revolving credit facility.

The Amended Agreement includes the following facilities:

• $550 million senior secured U.S. dollar-denominated term loan
• $250 million (equivalent) senior secured euro-denominated term loan
• $800 million senior secured revolving credit facility

The term loans and the revolving credit facility each have a five-year maturity, and the Company has the right to increase the amount of the revolving credit facility by approximately $331 million for additional liquidity. Proceeds from the new term facilities were used to repay in full all outstanding loans under the existing credit agreement, to terminate the revolving credit commitments under the existing credit agreement, and to fund strategic growth and future capital allocation priorities.

Commenting on the transaction, Joseph Berquist, Chief Executive Officer, said, "This amended credit agreement further strengthens our already healthy balance sheet by extending maturities and enhancing liquidity. With increased financial flexibility, we are well positioned to execute our strategy, achieve our capital allocation priorities, and continue investing in both organic growth and strategic M&A."

Bank of America, N.A. acted as the administrative agent for the syndicate of sixteen banks.

Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steels, aluminum, automotive, aerospace, offshore, can, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,700 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

SOURCE Quaker Chemical Corporation