Business
Ecovyst Completes Term Loan Amendment and Increase
Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading provider of virgin sulfuric acid and regenerated sulfuric acid products and services, today announced that it has completed the syndication of a $100 million fungible Term Loan B add-on, which it intends to use to finance a portion of its pending acquisition of the Calabrian sulfur dioxide and sulfur derivatives business from INEOS Enterprises. The acquisition and the add-on are anticipated to close by the end of the second quarte
About this update from Ecovyst Inc.
[{"type":"text","content":"WAYNE, Pa., May 14, 2026 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading provider of virgin sulfuric acid and regenerated sulfuric acid products and services, today announced that it has completed the syndication of a $100 million fungible Term Loan B add-on, which it intends to use to finance a portion of its pending acquisition of the Calabrian sulfur dioxide and sulfur derivatives business from INEOS Enterprises. The acquisition and the add-on are anticipated to close by the end of the second quarter of 2026. The add-on was issued at par and is co-terminus with the Company's existing $397 million Term Loan B, due June 2031, at a floating rate of SOFR plus 2.00 percent per annum.","length":753,"tagName":"p"},{"type":"image","alt":"Ecovyst Logo (PRNewsfoto/Ecovyst Inc.)","displaySize":"","headline":null,"caption":"Ecovyst Logo (PRNewsfoto/Ecovyst Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":113,"url":"https://media.zenfs.com/en/prnewswire.com/2e2d0ab474478db145a0e5e48bd24027"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/j2ZL2ZEThs11NnhrhbBrjQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE5OQ--/https://media.zenfs.com/en/prnewswire.com/2e2d0ab474478db145a0e5e48bd24027","width":400,"height":113},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/PWYdCNDNiScc.BgSW7vwsw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE4MQ--/https://media.zenfs.com/en/prnewswire.com/2e2d0ab474478db145a0e5e48bd24027","width":400,"height":113}},"href":"https://mma.prnewswire.com/media/2243202/Ecovyst_hi_res_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"About Ecovyst","length":13,"tagName":"p"},{"type":"text","content":"Ecovyst Inc. and subsidiaries is a leading provider of virgin sulfuric acid and regenerated sulfuric acid products and services. We believe that our products and services contribute to improving the sustainability of the environment.","length":233,"tagName":"p"},{"type":"text","content":"We are a leading provider of sulfuric acid recycling to the North American refining industry for the production of alkylate, an essential gasoline component for lowering vapor pressure and increasing octane to meet stringent gasoline specifications and fuel efficiency standards. We are also a leading North American producer of ...