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Recent Updates — BCPC

July 31, 2026View Source ↗

Balchem Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. The company achieved record quarterly net sales of $284.0 million, an 11.2% increase year-over-year, alongside GAAP net earnings of $44.6 million and adjusted EBITDA of $77.9 million. Diluted GAAP earnings per share rose to $1.39 from $1.17 in the prior year period. Balchem also amended its senior secured revolving credit facility, increasing borrowing capacity from $550 million to $650 million and extending maturity to July 24, 2031. The company repurchased $28.8 million of common stock during the quarter. Balchem Corporation operates in the specialty chemicals industry, providing ingredients for human nutrition, animal health, and industrial applications.

July 24, 2026View Source ↗

On July 24, 2026, Balchem Corporation entered into Amendment No. 1 to its Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. and JPMorgan SE. The amendment increases the aggregate revolving commitment from $550 million to $650 million and extends the maturity date from July 27, 2027, to July 24, 2031. Key terms include enabling the Foreign Borrower to borrow funds, eliminating a 10 basis point SOFR adjustment, and reducing applicable margins for loans at Tier 3 and 4 leverage levels by 12.5 basis points. Balchem also entered into an Omnibus Reaffirmation and Amendment Agreement regarding its existing Security and Pledge Agreement. Balchem Corporation is a specialty chemical company providing ingredients and nutritional solutions.