Company: ATMU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001921963-25-000121
Chunk: 22

Company: Atmus Filtration Technologies Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 22
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 Condensed Consolidated Balance Sheets. As of June 30, 2025, Atmus’ fair value of Long-term debt was approximately $585.0 million, which was derived from Level 2 input measures.

11

Our credit lines available as of June 30, 2025 and December 31, 2024 include:As of June 30, 2025As of December 31, 2024Facility AmountBorrowed AmountFacility AmountBorrowed Amount(in millions)Credit facilities:Term loan   September 30, 2027(1)$600.0 $585.0 $600.0 $592.5 Revolving credit facility   September 30, 2027(1)400.0 — 400.0 — (1)Atmus maintains a term loan facility and a revolving credit facility as part of the Credit Agreement. The Credit Agreement includes financial covenants that Atmus maintain certain net leverage, secured net leverage and interest coverage ratios. At June 30, 2025, Atmus was in compliance with all financial covenants under the Credit Agreement. The Credit Agreement also contains customary representations, events of default and covenants, including restrictions on the level of borrowing.Over the next five years, aggregate principal maturities of our long-term debt are (in millions):20252026202720282029ThereafterTotal$15.0 $30.0 $540.0 $— $— $— $585.0 

NOTE 10. COMMITMENTS AND CONTINGENCIES

Legal ProceedingsThe Company is subject to lawsuits and claims arising out of the ordinary course of its business. The Company does not have any currently pending claims or litigation that the Company believes, individually or in the aggregate, will have a material adverse effect on its financial position, results of operations, cash flows, liquidity or capital resources. The Company carries various forms of commercial, property and casualty, product liability and other forms of insurance; however, such insurance may not be applicable or adequate to cover the costs associated with a judgment against the Company with respect to these lawsuits, claims and proceedings. While the Company believes it has established adequate accruals for our expected future liability with respect to pending lawsuits, claims and proceedings, where the nature and extent of any such liability can be reasonably estimated based upon presently available information, there can be no assurance that the final resolution of any existing or future lawsuits