← ECOLAB INC.

TERM CREDIT AGREEMENT

Signed Apr 10, 2026

Committed
$4.75bn
Matures
Dec 2026
TrancheSizeMaturesMargin
Delayed draw term loan$4.75bnDec 202675–88 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level ≥ A- / A3 / A-≥ A- / A3 / A-75 bpsn/a
Level ≤ BBB+ / Baa1 / BBB+≤ BBB+ / Baa1 / BBB+88 bpsn/a

§2.10

Priced over Other (Delayed draw term loan).

LevelConditionMarginUnused fee
Level ≥ A- / A3 / A-≥ A- / A3 / A-n/a6 bps
Level ≤ BBB+ / Baa1 / BBB+≤ BBB+ / Baa1 / BBB+n/a8 bps

§2.07(a)

Lenders: CITIBANK, N.A.

Tested quarterlyHeadroom not yet measured3.50x
The Borrower will maintain as of the last day of each Measurement Period a ratio of Consolidated EBITDA to Consolidated Interest Expense of not less than 3.5:1.0.
Read the filing on sec.gov ↗

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