Albemarle Corporation
Albemarle Corporation Amends Credit Agreement
Summary
On March 19, 2026, Albemarle Corporation amended its 2022 Credit Agreement by extending the maturity date to October 28, 2028, removing a 0.10% interest adjustment for SOFR-based loans, and reducing the number of times the company can request an extension of the maturity date from two to one. These changes are detailed in the Third Amendment to the Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Profitelligence Alerts
Get alerts for ALB
Be first to know when Albemarle Corporation files with the SEC.
Filing Categories
Advertisement
About Albemarle Corporation
Albemarle Corporation is a global leader in the chemical manufacturing industry, specializing in the production of lithium, bromine, and catalysts. As a significant player in the lithium market, Albemarle is integral to the rapidly growing electric vehicle (EV) sector, owing to lithium's essential role in battery production. The company's operations extend across diverse applications, from energy storage solutions to petroleum refining and the pharmaceuticals industry. By providing advanced materials and solutions, Albemarle plays a crucial role in enabling cleaner energy technologies and sustainable industrial practices. Headquartered in Charlotte, North Carolina, Albemarle operates on a global scale, with production facilities and research centers strategically located around the world. The company's commitment to innovation and sustainability ensures its continuous impact on emerging technologies, making it a crucial stakeholder in the transition towards more sustainable energy and advanced industrial processes. Albemarle's market significance is underscored by its strategic partnerships and global supply chains that support some of the most dynamic and essential sectors in today's economy.
Official SEC Documents
Advertisement