Waters Corporation has entered into an Amendment and Restatement Agreement as of May 22, 2025, modifying their existing credit arrangements. The company, along with its subsidiaries as guarantors, collaborated with lenders and JPMorgan Chase Bank, N.A. to amend the Amended and Restated Credit Agreement initially dated September 17, 2021, and amended March 3, 2023. This amendment removes an existing term loan facility of up to $200 million while retaining a senior unsecured revolving credit facility amounting to $1.8 billion, which will mature on May 22, 2030. The revolver can be used for various corporate purposes, including debt repayment and acquisitions. The agreement includes covenants such as maintaining a leverage ratio and limitations on subsidiary debt, with automatic termination of subsidiary guarantees under certain conditions.