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Stepan enters USD 500 million credit agreement led by JPMorgan, Bank of America
PUBT·- Stepan entered a new credit agreement on Sept. 25, 2026, for committed facilities totaling USD 500 million. - The financial package includes a USD 350 million multicurrency revolving credit facility and a USD 150 million delayed draw term loan facility, both maturing on Sept. 25, 2031. - These new facilities replace the previous June 24, 2022 credit facilities and include an expansion option to add up to USD 250 million.Hsbc Holdings PLC Buys New Shares in Stepan Company $SCL
Market Beat·- Hsbc Holdings PLC purchased 17,617 shares of Stepan Company in the 2nd quarter, valued at approximately $977,000. - Stepan Company reported quarterly earnings of $1.18 per share with revenue of $684.11 million, beating analyst estimates. - The company also announced a quarterly dividend of $0.395 per share payable on September 15th.Stepan Q2 Earnings Call Highlights
Market Beat·
