Celanese Corp — Form 8-K

Celanese Corporation amended its revolving credit agreement (dated August 11, 2025) effective July 31, 2026. Key changes: (1) Consolidated Leverage Ratio covenants relaxed—starting at 6.00:1.00 for Q2 2026, stepping down to 4.00:1.00 by Q1 2030; (2) Receivables financing cap increased from $750M to $1,050M (Section 7.02(f) and (i)); (3) Pricing grid adjusted for credit ratings (Applicable Rate margins updated); (4) Covenant Relief Period introduced with option to terminate at ≤3.50:1.00; (5) Qualifying Acquisition provisions allow up to two Covenant Increase Periods to 4.25:1.00 for four quarters each; (6) Qualifying Dispositions reduce covenant by 0.25:1.00. Consenting lenders: Bank of America (arranger), Deutsche Bank, Citibank, JPMorgan Chase, HSBC, U.S. Bank, Truist, TD Bank, UniCredit, Sumitomo Mitsui, Morgan Stanley, Goldman Sachs, PNC, Regions, ING.