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Credit facility includes favorable credit terms linked to sustainability performance and credit rating.
August 9, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Cabot Corporation has announced execution of its new $1 billion unsecured revolving credit facility. With this transaction, Cabot has replaced its existing $1 billion unsecured revolving credit agreement that was scheduled to mature in October 2022, while adding a sustainability-linked pricing mechanism to the new agreement. The Credit Agreement matures on August 6, 2026, subject to two options to extend the maturity by one year, exercisable prior to the first and second anniversaries of the ef...
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