Chemours pays down final $100 million under revolving facility

By Wendy Van Sickle

Columbus, Ohio, Sept. 17 – Chemours Co. paid down the $100 million outstanding under its $800 million unsecured revolving credit facility on Thursday, according to an 8-K filing with the Securities and Exchange Commission.

On April 3, the company borrowed $300 million as a precautionary measure in light of the Covid-19 pandemic. It repaid $200 million of those borrowings on Aug. 28.

JPMorgan Chase Bank, NA is the administrative agent.

Chemours is a Wilmington, Del.-based provider of performance chemicals.

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