NPK International Inc. Announces $150 Million Revolving Credit Facility THE WOODLANDS, Texas-NPK International Inc. (NYSE: NPKI) has entered into a new credit agreement effective June 20, 2025, establishing a $150 million revolving loan facility. This new facility, which replaces the company's previous asset-based revolving credit arrangement, has a five-year term and includes an accordion feature allowing for expansion up to $250 million. The revolving loans will bear interest at rates determined by the company's consolidated leverage ratio, with options of Term SOFR plus 175 to 225 basis points or the Base Rate plus 75 to 125 basis points. The facility's bank group includes Bank of America, N.A., Amegy Bank, Regions Bank, First Horizon Bank, Texas Capital Bank, and Woodforest National Bank. Gregg Piontek, NPK's Senior Vice President and Chief Financial Officer, expressed satisfaction with the support from their bank partners, highlighting the agreement's role in enhancing liquidity and flexibility to support NPK's long-term growth strategy and shareholder value creation.