Latham & Watkins Represents Centerbridge in US$225 Million Refinancing for AMVAC Chemical Corporation

AMVAC Chemical Corporation, a direct subsidiary of American Vanguard Corporation, has refinanced its debt structure in March 2026, replacing an existing revolving credit agreement with both a first lien, term loan of US$225 million from lenders led by Centerbridge Partners, L.P., and a second lien, term loan of US$60 million from lenders led by Bank of Montreal.

Latham & Watkins LLP represented Centerbridge in the refinancing with a team led by partners Stelios Saffos, Peter Sluka, John Sobolewski, Michael Waldman, Benjamin Rhode, Ryan Dahl, and Max Silverstein and counsel Katherine Page, with associates Aditi Sharma, Kay Han Lee, and Anastassia Simonian. Advice was also provided on environmental matters by partners Chris Norton and Julia Hatcher, with associate Bruce Johnson.