QUAKER CHEMICAL CORP (KWR): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Quaker Chemical (KWR) secured a $550M 7-year term loan from JPMorgan to refinance existing debt. The loan bears interest at Term SOFR +1.75% or Base Rate +0.75%, with quarterly amortization and a 2033 maturity. Proceeds repaid prior U.S. term loans, with customary covenants and prepayment terms.

Quaker Houghton (KWR) closed a $550 million 7-year Term Loan B facility, maturing in 2033, to refinance existing debt. The loan is priced at SOFR plus 175 basis points, with quarterly amortization payments. The company's CEO stated it extends debt maturity and reduces annual payments. JPMorgan Chase Bank acted as the administrative agent.

Quaker Houghton (KWR) closed a $550M 7-year Term Loan B facility, maturing in 2033, at SOFR +175 basis points. Proceeds will repay existing U.S. Term Loans. CEO Joseph Berquist stated the transaction extends debt maturity and reduces annual payments, supporting growth initiatives. JPMorgan Chase Bank acted as the administrative agent.

Quaker Chemical (KWR) reported Q2 2026 net sales up 10% year over year, driven by mid- to high single-digit share gains, and adjusted EBITDA margins of 16%. The company cited double-digit volume growth in Asia Pacific, price actions, and $10 million run-rate cost savings. It authorized a $250 million buyback and raised its quarterly dividend about 4%. Outlook: end markets flat to modestly positive in 2H 2026; Q3 gross margin expected near Q2 and above 36% by year-end.

Quaker Houghton (NYSE:KWR) reported Q2 gross margin of 35.5%, down 130 bps sequentially, citing higher raw-material and container costs. GAAP diluted EPS was $1.55 and non-GAAP EPS $2.19. Asia-Pacific sales rose 12% YoY on 10% organic volume. Management expects Q3 gross margin roughly in line with Q2 and full-year adjusted EBITDA growth, while targeting >36% gross margin by year-end.

Q2'26 net sales of $532.6 million, an increase of 10% Y/Y Q2'26 net income of $26.8 million and earnings per diluted share of $1.55 Sales volumes increased 7% Y/Y primarily driven by new business wins across all segments Q2'26 non-GAAP net income of $37.9 million and non-GAAP earnings per diluted share of $2.19, a 28% increase Y/Y Delivered Q2'26 adjusted EBITDA of $85.2 million, a 13% increase Y/Y Increased quarterly dividend by approximately 4.3% and repurchased $24.2 million of shares...