Wednesday, 27 November 2024
Home News GrafTech Announces Agreement for New Capital to Bolster Liquidity

The following content is a news release distributed by . The original news release may be found here.

GrafTech Announces Agreement for New Capital to Bolster Liquidity

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) today announced that it has entered into a commitment and consent letter with lenders holding all of its existing revolving commitments, an ad hoc group that holds over 81% of its existing secured bonds to provide new debt financing on competitive terms and extend maturities of its existing debt, and Barclays Bank plc, as a fronting lender. Pursuant to the terms of the commitment and c...

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