LSB Industries, Inc. (NYSE:LXU) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement
On February 26, 2019, LSB Industries, Inc. (the “Company”) and each of the Company’s subsidiaries signatory thereto entered into the Second Amendment to the Third Amended and Restated Loan and Security Agreement (the “Revolver Amendment”), with the lender identified on the pages thereto and Wells Fargo Capital Finance, LLC, as the arranger and administrative agent. The Revolver Amendment amends the Company’s existing working capital revolver to (i) extend the latest stated maturity date thereof to February 26, 2024, (ii) increase the commitments thereunder from $50,000,000 to $75,000,000 and (iii) effect certain related and corresponding changes.
A copy of the Revolver Amendment is attached hereto as Exhibit 4.1 and is incorporated herein by reference. The above summary of the Revolver Amendment does not purport to be complete and is qualified in its entirety by reference to the complete text of the Revolver Amendment.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits
LSB INDUSTRIES INC Exhibit
EX-4.1 2 l28210130b.htm SECOND AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Exhibit 4.1 SECOND AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT THIS SECOND AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into as of February 26,…
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About LSB Industries, Inc. (NYSE:LXU)
LSB Industries, Inc. is a diversified holding company engaged in manufacturing operations through its subsidiaries. The Company’s segments are Chemical Business, Climate Control Business and Other. Its Chemical Business segment manufactures and sells nitrogen-based chemical products for the agricultural, industrial and mining markets. Its Climate Control Business manufactures and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related products and services. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. Its Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.
