Universal Corporation Secures $620 Million Credit Agreement Led by JPMorgan Chase

Universal Corporation has entered into a new unsecured Credit Agreement with a syndicate of major financial institutions, including JPMorgan Chase Bank as Administrative Agent, and several others as co-syndication and co-documentation agents. The agreement, effective December 9, 2025, provides for a five-year term loan facility of $275 million, a seven-year term loan facility of $345 million, and a five-year revolving loan facility. Universal Corporation may also increase the revolving credit facility or obtain additional term loans up to $300 million, subject to certain conditions. The proceeds from this agreement are intended for general corporate purposes, including acquisitions, investments, debt repayment, and working capital. This new agreement replaces a previous credit agreement, which was terminated upon the execution of the new 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. Universal 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: 0001193125-25-312755), on December 09, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here