KMG Announces $150 Million Credit Facility

HOUSTON--(BUSINESS WIRE)--KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced that it has replaced its existing credit facility with Wells Fargo Bank, N.A. and Bank of America, N.A., and entered into a new revolving credit facility with Wells Fargo Bank, N.A., Bank of America, N.A., JPMorgan Chase Bank, N.A. and HSBC Bank USA, N.A. The new credit agreement has been used to refinance current debt and will provide capital to fund future growth.