ASH 8-K SEC Filing Analysis

Latest settled — T+5d

ASH ▼ -2.23% at T+5d

NEUTRAL call ✗ call lost -2.23% · α vs SPY +0.30% · entry $57.48 → $56.20

Next anchor: T+20d in 16d

Currently $64.98 · +13.05% from $57.48 entry

Entry anchored
May 29, 2026
via day open

T+1d

+0.92%

call +0.92% · α +0.66%

$58.01

settled 12d ago

T+5d

-2.23%

call -2.23% · α +0.30%

$56.20

settled 8d ago

T+20d

—

call — · α —

—

in 16d

T+60d

—

call — · α —

—

in 2mo

Price Chart

Loading chart...

Executive Summary

Ashland entered into a $500 million five-year unsecured revolving credit facility, amending and restating its prior credit agreement. The facility includes a $125 million letter of credit sublimit and standard financial covenants. This is a routine refinancing with no material change to Ashland's capital structure or liquidity position.

Actionable Insight

Monitor upcoming quarterly filings for actual usage of the revolver and compliance with financial covenants. The refinancing itself is neutral for equity holders.

Key Facts

Second Amended and Restated Credit Agreement for a $500 million revolving credit facility, dated May 28, 2026.
Facility has a 5-year maturity and includes a $125 million letter of credit sublimit.
Unsecured facility, guaranteed by Ashland for the Swiss borrower.
Interest rates based on Term SOFR/EURIBOR plus margin, initially 1.375% for term loans.
Financial covenants: max Consolidated Net Leverage Ratio of 4.00x, min Consolidated Interest Coverage Ratio of 3.00x.
Replaces prior credit agreement dated July 22, 2022.

Financial Impact

No immediate financial impact; provides $500 million in committed liquidity at standard terms.

liquiditydebt capacity

Risk Factors

Covenant compliance could restrict financial flexibility if earnings decline.
Increased leverage if drawn significantly.

Market Snapshot

Exchange

NYSE

Sector

Wholesale-Chemicals & Allied Products

Analyst Consensus

71% bullish (17 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001193125-26-246229
Document: ash-20260528.htm	0001193125-26-246229
Document: 0001193125-26-246229-index-headers.html	0001193125-26-246229
Document: 0001193125-26-246229-index.html	0001193125-26-246229
Document: 0001193125-26-246229.txt	0001193125-26-246229

6 reports for ASH

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for ASH — sortable, filterable
	Type				Now
Jun 11, 2026 1d ago	Institutional Cluster BULLISH ★ 5/10	$65.50 awaiting T+5	awaiting T+5	—	$64.98 (−0.79%)
May 29, 2026 15d ago	8-K NEUTRAL ★ 4/10	$57.48 $56.20	▼ −2.23%	▲ +0.30%	$64.98 (+13.05%)
May 18, 2026 25d ago	3 NEUTRAL ★ 2/10	$54.28 $56.89	▲ +4.81%	▲ +2.51%	$64.98 (+19.71%)
May 5, 2026 5w ago	Press Release NEUTRAL ★ 2/10	$54.59 $56.72	▲ +3.90%	▲ +2.77%	$64.98 (+19.03%)
Apr 28, 2026 6w ago	Press Release BEARISH ★ 8/10	$48.79 $54.19	▼ −11.07%	▼ −7.96%	$64.98 (−33.17%)
Apr 15, 2026 8w ago	Press Release NEUTRAL ★ 3/10	$57.47 $56.81	▼ −1.15%	▼ −2.13%	$64.98 (+13.07%)

US Market Status

Market Closed — Opens Mon (47h 47m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access