FMC amends revolver, term loans to allow for spinoff of business

By Sarah Lizee

Olympia, Wash., Oct. 4 – FMC Corp. amended its credit agreements on Sept. 28 in order to permit the separation and spinoff of the company’s lithium business, according to an 8-K filing with the Securities and Exchange Commission.

The company amended its revolving credit agreement, its term loan agreement dated May 2, 2017 and its term loan agreement dated Oct. 10, 2014, each with Citibank, NA as administrative agent.

FMC is a diversified chemical company based in Philadelphia.

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