---
title: "Valvoline refinances USD 738.15 million Term B loan under amended credit agreement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291335014.md"
description: "Valvoline refinanced its USD 738.15 million Term B loan under an amended credit agreement effective June 30, 2026. The refinancing was funded via lender rollovers and new loans from Bank of Nova Scotia. Pricing is set at adjusted term SOFR + 1.75% or base rate + 0.75%. Quarterly amortization remains at 0.25%, with maturity unchanged at seven years from December 1, 2025."
datetime: "2026-06-30T21:06:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291335014.md)
  - [en](https://longbridge.com/en/news/291335014.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291335014.md)
---

# Valvoline refinances USD 738.15 million Term B loan under amended credit agreement

-   Valvoline entered Amendment No. 1 to its credit agreement on June 30, 2026, refinancing its Term B Loans through a new Refinanced Term B class. \* Refinanced Term B Loans outstanding stayed at $738.15 million, funded via lender rollovers and cash-funded loans from Bank of Nova Scotia. \* Pricing set at adjusted term SOFR + 1.75% or base rate + 0.75%, at the borrower’s option. \* Quarterly amortization remains 0.25% starting Sept. 30, 2026; maturity unchanged at seven years from Dec. 1, 2025. \* Prepayments allowed; 1% premium applies to certain repricing transactions within six months of the amendment’s effective date. 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. Valvoline 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: 0001674910-26-000049), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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