• AMVAC, a unit of American Vanguard, entered new senior secured term loan facilities totaling USD 285 million with lender groups led by Centerbridge and Wilmington Trust (first lien) and BMO (second lien).
• The financing includes a USD 225 million first lien term loan and a USD 60 million second lien term loan, both maturing on March 13, 2031.
• Proceeds were used to refinance and retire debt under the prior credit agreement, with no early termination penalties reported.
• The first lien loan’s initial margin is 8.25% for SOFR loans, and a 1% payment-in-kind leverage fee applies while consolidated total leverage exceeds 5.00:1.00.
• AMVAC plans to use about USD 68.5 million of additional proceeds for general corporate and working capital purposes permitted under the term loans.

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. American Vanguard Corporation 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: 0001193125-26-115049), on March 19, 2026, and is solely responsible for the information contained therein.