Kronos Worldwide Inc. Expands Credit Facility to $350 Million with Wells Fargo Bank to Boost Liquidity

Reuters

07-18

Kronos Worldwide Inc. Expands Credit Facility to $350 Million with <a href="https://laohu8.com/S/EOD">Wells Fargo</a> Bank to Boost <a href="https://laohu8.com/S/LQDT">Liquidity</a>

Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. The Fourth Amendment enhances Kronos' financial flexibility by increasing the maximum borrowings under the asset-based revolving credit facility from $300 million to $350 million. Additionally, the amendment raises the borrowing limits for Kronos Europe NV from €30 million to €55 million, and for Kronos Titan GmbH from €60 million to €85 million. This financial maneuver is aimed at providing additional liquidity for general corporate purposes and supporting near-term debt maturities, including the upcoming €75 million in 3.75% Senior Secured notes due in September 2025.

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. KRONOS Worldwide Inc. 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: 0001257640-25-000020), on July 17, 2025, and is solely responsible for the information contained therein.

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Expands Credit Facility to $350 Million with Wells Fargo Bank to Boost Liquidity","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Kronos Worldwide Inc. Expands Credit Facility to $350 Million with <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> Bank to Boost <a href=\"https://laohu8.com/S/LQDT\">Liquidity</a>\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. The Fourth Amendment enhances Kronos' financial flexibility by increasing the maximum borrowings under the asset-based revolving credit facility from $300 million to $350 million. 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Expands Credit Facility to $350 Million with Wells Fargo Bank to Boost Liquidity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-18 04:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Kronos Worldwide Inc. Expands Credit Facility to $350 Million with <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> Bank to Boost <a href=\"https://laohu8.com/S/LQDT\">Liquidity</a>\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. The Fourth Amendment enhances Kronos' financial flexibility by increasing the maximum borrowings under the asset-based revolving credit facility from $300 million to $350 million. Additionally, the amendment raises the borrowing limits for Kronos Europe NV from €30 million to €55 million, and for Kronos Titan GmbH from €60 million to €85 million. This financial maneuver is aimed at providing additional liquidity for general corporate purposes and supporting near-term debt maturities, including the upcoming €75 million in 3.75% Senior Secured notes due in September 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. KRONOS Worldwide Inc. 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: 0001257640-25-000020), on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0002270589.USD","symbol_name":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDL1x96Qr:1","article_id":"2552243190","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552243190","pubTimestamp":1752783466,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. 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Expands Credit Facility to $350 Million with Wells Fargo Bank to Boost Liquidity\n\n\n        Kronos Worldwide Inc. has announced a significant amendment to its existing Credit Agreement with Wells Fargo Bank and other lenders, effective July 17, 2025. The Fourth Amendment enhances Kronos' financial flexibility by increasing the maximum borrowings under the asset-based revolving credit facility from $300 million to $350 million. Additionally, the amendment raises the borrowing limits for Kronos Europe NV from €30 million to €55 million, and for Kronos Titan GmbH from €60 million to €85 million. This financial maneuver is aimed at providing additional liquidity for general corporate purposes and supporting near-term debt maturities, including the upcoming €75 million in 3.75% Senior Secured notes due in September 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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