Adient (NYSE: ADNT) amended its Term Loan Credit Agreement on August 20, 2026, adding $500 million in incremental term loans, according to a press release statement.

The amendment brings total loans outstanding under the Credit Agreement to $1.12 billion. The incremental term loans carry the same maturity and terms as the existing term loans under the agreement, which was originally dated May 6, 2019.

Proceeds from the incremental term loans, combined with cash on hand, will be used to redeem all $500 million of outstanding principal on Adient Global Holdings Ltd's 7.000% Senior Secured Notes due 2028, along with associated fees and expenses.

Bank of America, N.A. serves as administrative agent and collateral agent under the Credit Agreement. The obligations under the agreement continue to be guaranteed on a secured basis by Adient plc and certain of its material wholly-owned restricted subsidiaries.