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Form 8-K · Current Report · Filed 2024-07-03

Chart Industries Announces Amendment to Credit Agreement

On July 2, 2024, Chart Industries, Inc. announced an amendment to its existing credit agreement, reducing interest rate margins and eliminating a credit spread adjustment for the term loans. This amendment is a permitted refinancing under the Credit Agreement terms.

Filer
Chart Industries Inc. GTLS · NYSE
Filed
Accession
0001193125-24-174906
CIK
0000892553
Signal
Medium impactIndustrials

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$142.43

Next session

+0.1%

Since filing

+47.4%

Latest close

$209.90

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GTLS reporting the same item, with the next session's move:

Exhibits (1)

About Chart Industries Inc.

Chart Industries Inc. is a prominent manufacturing and engineering company with a focus on providing high-end equipment and solutions for the energy and industrial gas sectors. Specializing in cryogenic storage, distribution, and processing systems, Chart Industries plays a critical role in facilitating efficient and sustainable energy and gas operations worldwide. Its product portfolio includes equipment designed for liquefied natural gas (LNG) applications, industrial gases, and other specialty markets that require temperature-sensitive processing solutions. The company's operations significantly impact various industries, including clean energy, healthcare, and manufacturing, by enabling the safe and effective handling of cryogenic materials. Headquartered in Ball Ground, Georgia, Chart Industries is acknowledged for its commitment to innovation and quality, positioning itself as a key player in supporting the transition to cleaner energy sources and enhancing operational reliability and safety in critical industrial applications.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

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