Adient Amends Credit Agreement to Reduce Interest Rate Margin on $624 Million Loan

Reuters
01/17
Adient Amends Credit Agreement to Reduce Interest Rate Margin on $624 Million Loan

Adient plc and certain of its subsidiaries have entered into an amendment to their existing Term Loan Credit Agreement with Bank of America, N.A. and a group of lenders. Effective January 15, 2026, the amendment reduces the interest rate margin to 2.00% for Term SOFR loans and 1.00% for Base Rate loans. The total outstanding loans under the agreement remain at $624 million. The obligations under the credit agreement continue to be secured and are guaranteed by Adient plc and certain of its material wholly-owned restricted subsidiaries.

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. Adient plc 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: 0001670541-26-000007), on January 16, 2026, and is solely responsible for the information contained therein.

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