How much did Itafos raise in its credit facility amendment?

Itafos secured a new commitment of $140 million under the Amended Term Loan Agreement, along with a $30 million letter of credit facility.

Who arranged Itafos's refinanced credit facilities?

RBC Capital Markets served as Lead Left Arranger and Administrative Agent, with Texas Capital and PNC Capital Markets LLC acting as Joint Lead Arrangers on both the term loan and revolving credit facility amendments.

What was the outstanding balance on Itafos's previous term loan?

The original $100 million term loan had $82.5 million outstanding at the time of the refinancing amendment.

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Itafos Refinances Credit Facilities, Raises Commitment to $140M

Summarized from GlobeNewswire - Mergers And Acquisitions Originally published Tue, 29 Se Summary published 2026-09-30

Itafos Inc. amended and extended its term loan and revolving credit facilities, boosting total commitment to $140 million led by RBC Capital Markets.

Itafos Refinances Credit Facilities, Raises Commitment to $140M

Itafos Inc. (TSX-V: IFOS; OTCQX: ITFS) announced Tuesday it has refinanced its existing credit facilities through an amendment that raises its term loan commitment and extends maturity dates, the Houston-based company said in a statement.

Under the Amended Term Loan Agreement, Itafos secured a new commitment of $140 million alongside a $30 million letter of credit facility, replacing a $100 million term loan that carried $82.5 million in outstanding balances, as well as a prior $30 million letter of credit facility. The transaction also extends the maturity date of the existing arrangement.

RBC Capital Markets served as Lead Left Arranger and Administrative Agent on both the term loan amendment and a separate amendment to the company's revolving asset-based credit facility. Texas Capital and PNC Capital Markets LLC acted as Joint Lead Arrangers on both transactions.

The revolving asset-based credit facility received a parallel amendment that similarly pushes out its maturity date, providing the company with additional runway across its broader debt structure. Itafos described the moves as measures to enhance financial flexibility and liquidity.

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About this article

This is an AI-assisted editorial summary of reporting first published by GlobeNewswire - Mergers And Acquisitions. All facts, quotes, and reporting are attributed to the original publisher; any errors of summarization are ours alone. Please visit the original source for the complete, authoritative version.

Original title: “Itafos Enhances Financial Flexibility and Liquidity with an Amendment and Extension of Its Existing Credit Facilities”
Source: GlobeNewswire - Mergers And Acquisitions
First published: Tue, 29 Se
Original URL: https://www.globenewswire.com/news-release/2026/09/29/3371392/0/en/itafos-enhances-financial-flexibility-and-liquidity-with-an-amendment-and-extension-of-its-existing-credit-facilities.html

Read the full article at GlobeNewswire - Mergers And Acquisitions

Itafos Refinances Credit Facilities, Raises Commitment to $140M

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