Ecolab enters $4.75 billion delayed-draw term loan credit agreement for Frigeo deal
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Ecolab enters $4.75 billion delayed-draw term loan credit agreement for Frigeo deal
  • Ecolab entered a term credit agreement on April 10, 2026 for a USD 4.75 billion unsecured committed delayed draw term loan facility.
  • Facility proceeds are restricted to funding Ecolab’s acquisition of Frigeo Holdings, including repayment of certain Frigeo debt.
  • Borrowing costs float with Ecolab credit ratings, with SOFR-based margins ranging from 0.75% to 0.875%.
  • Credit agreement includes a minimum interest expense coverage ratio covenant tested at end of each four-quarter period.
  • Citibank serves as administrative agent for lenders under facility.


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. Ecolab Inc. 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: 0001104659-26-043821), on April 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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