Itafos Enhances Financial Flexibility and Liquidity with an Amendment and Extension of Its Existing Credit Facilities

HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (“Itafos” or the “Company”) announced today that it has entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets as Lead Left Arranger and Administrative Agent, with Texas Capital and PNC Capital Markets LLC as Joint Lead Arrangers (“JLA”), pursuant to which the Company will refinance its existing $100 million term loan (with $82.5 million outstanding) and its $30 million letter of credit facility (together, the “Existing Term Loan Agreement”). The amendment provides for a new commitment of $140 million and a $30 million letter of credit facility and will extend the maturity date under the Existing Term Loan Agreement (as so amended, the “Amended Term Loan Agreement”). The Company also announced that it has entered into an amendment to its revolving asset-based credit facility with a syndicate of lenders led by RBC Capital Markets as Lead Left Arranger and Administrative Agent, with Texas Capital and PNC Capital Markets LLC as Joint Lead Arrangers (“JLA”) to extend the maturity date of such facility (the “Amended ABL Agreement”). All figures are in US Dollars except as otherwise noted.