Albemarle secures $1.5 billion revolving credit facility with JPMorgan as administrative agent

• Albemarle entered a credit agreement on October 29, 2026, for an unsecured revolving credit facility of up to $1.5 billion.
• JPMorgan Chase Bank serves as administrative agent; the facility matures October 29, 2031.
• Borrowings carry variable benchmark rates with credit-rating-based margins; the quarterly consolidated leverage ratio must not exceed 3.50:1.00.
• The leverage limit may rise by 0.50:1.00 for four consecutive fiscal quarters following qualifying acquisitions financed with more than $500 million debt.
• The agreement replaces the Bank of America-led facility, terminated October 29, 2026, ahead of its scheduled October 28, 2028 maturity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Albemarle Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000915913-26-000124), on October 30, 2026, and is solely responsible for the information contained therein.