08:58 AM EDT, 06/18/2025 (MT Newswires) -- Koppers ( KOP ) said Wednesday it has extended the maturity date of its $800 million revolving credit facility to the earlier of either 91 days before the maturity date of its secured term loan facility, or June 17, 2030.

The deal also modifies the total net leverage ratio and interest rate margins on the revolving credit facility, the company said.

Chief Financial Officer Jimmi Sue Smith said the modifications increase the wood product company's financial flexibility and lower its borrowing costs.