Newell Brands enters USD 800 million asset-based revolving credit facility led by JPMorgan Chase

Newell Brands entered a five-year asset-based revolving credit facility of up to USD 800 million on July 30, 2026.

• The facility includes an uncommitted accordion option of up to USD 500 million, subject to lender approval and conditions.
• Newell Brands drew USD 490 million at closing to repay and replace its existing revolving facility under the August 31, 2022 credit agreement.
• The facility matures on July 30, 2031, subject to an earlier springing maturity tied to USD 125 million or more of other debt nearing maturity.
• Pricing is set off SOFR or an alternate base rate plus a margin of 1.5%-2% for SOFR loans, based on availability.