NYSE:FMCChemicals
FMC (FMC) Is Down 13.3% After Tightening Credit Covenants and Pledging New Collateral - What's Changed
On April 16, 2026, FMC Corporation and certain subsidiaries amended their Fifth Amended and Restated Credit Agreement, tightening leverage and interest coverage covenants, adding subsidiary guarantees, and pledging specific assets and equity interests as collateral to secure the company’s obligations.
This shift toward more secured, covenant-heavy borrowing reshapes FMC’s financial flexibility and risk profile, with potential knock-on effects for capital allocation and creditor versus...