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Recent Updates — Q

July 1, 2026View Source ↗

On July 1, 2026, Qnity Electronics, Inc. entered into Repricing Amendment No. 1 to its Credit Agreement with JPMorgan Chase Bank, N.A. and other lenders. The amendment repriced $2,338,250,000 of outstanding Term Loans, reducing the interest rate margin from Term SOFR plus 2.00% (1.00% for Base Rate Loans) to Term SOFR plus 1.75% (0.75% for Base Rate Loans). The repriced loans are subject to a 1.00% premium on certain prepayments or amendments constituting a Repricing Event for six months following the closing date. Other material terms, including maturity and covenants, remain unchanged. The company operates in the electronics industry.