The Mosaic Company Secures $2.5 Billion Unsecured Revolving Credit Facility Extension Until 2030 with Amended Agreement

Reuters
05-22
The Mosaic Company Secures $2.5 Billion Unsecured Revolving Credit Facility Extension Until 2030 with Amended Agreement

The Mosaic Company has announced the execution of an Amended and Restated Credit Agreement as of May 16, 2025. This agreement, established with Bank of America, N.A. and other participating lenders, replaces the existing Credit Agreement from August 19, 2021. The updated agreement introduces an unsecured revolving credit facility with an aggregate principal amount of up to $2.5 billion, extending its maturity from August 2026 to May 2030. Key changes include reduced rates for unused commitment fees and increased flexibility under restrictive covenants, aiming to provide Mosaic with improved financial terms and operational leeway.

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. The Mosaic Company 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: 0001628280-25-027098), on May 21, 2025, and is solely responsible for the information contained therein.

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