NYSE:ECLChemicals
Ecolab (NYSE:ECL) Secures US$2 Billion Credit Facility for Corporate Flexibility
Ecolab (NYSE:ECL) recently enhanced its financial flexibility by securing a $2 billion credit facility maturing in 2030, aimed at general corporate purposes such as share repurchases and debt repayment. Additionally, the company proposed a governance amendment to limit officer liability. During the last quarter, Ecolab’s shares recorded a 4% decline, which aligns with broader market trends as the S&P 500 experienced a 12% drop due to ongoing trade uncertainties. While these corporate actions...