Koppers Holdings Inc. (KOP) , an integrated global manufacturer of treated wood products, wood treatment chemicals and carbon compounds, said that it has completed the repricing of its seven-year $495 million senior secured Term Loan B ("TLB") due April 10, 2030.This transaction lowers the TLB's interest rate margins by 50 basis points, from 3% with a 50 basis point floor to 2.5% with a 50 basis point floor at the adjusted Term SOFR Rate or adjusted Daily Simple SOFR.This deal is consistent with Koppers' co ...

Fifth Consecutive Year of Recognition and Highest Ranking EverPITTSBURGH, Dec. 18, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named to America's Most Responsible Companies 2025 list by Newsweek magazine for the fifth consecutive year. Koppers achieved its highest placement ever, ranking No. 113 out of 600 finalists and No. 9 out of 56 in the Materials & Chemicals category."Koppers is ...

Reduces Interest Rate Margins by 50 Basis Points PITTSBURGH, Dec. 17, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company successfully completed the repricing of its seven-year $495 million senior secured Term Loan B (TLB) due April 10, 2030. This transaction reduces the interest rate margins applicable to the TLB by 50 basis points, from 3.00% with a floor of 50 bps t ...

Consistent with Strategy to Optimize Business Portfolio and Enhance Free Cash FlowPITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that the company will discontinue phthalic anhydride production at its facility in Stickney, Illinois, in 2025.The decision, affecting approximately 25 employees, was driven by significant near-term capital spending requirements that could not be economically justified by end-market projections ...

PITTSBURGH, Dec. 4, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the upcoming Singular Research Conference, which will be held in San Francisco, on December 12, 2024.  Koppers management will be represented by Bradley Pearce, Chief Accounting Officer, and Quynh McGuire, Vice President of Investor Relations.The presentation materials will be available on www.koppers.com in the Investor ...

PITTSBURGH, Nov. 26, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the BofA Securities Leveraged Finance Conference, which will be in-person in Boca Raton, Florida, on December 3, 2024.Koppers management will be represented by Jimmi Sue Smith, Chief Financial Officer, and Quynh McGuire, Vice President of Investor Relations. In addition, the conference will feature a fireside chat with M ...

Koppers Holdings Inc. (KOP) logged profits (attributable to the company) of $22.8 million or $1.09 per share for the third quarter of 2024, down from a profit of $26.3 million or $1.22 per share a year ago. Barring one-time items, adjusted earnings were $1.37 per share for the quarter, up from $1.32 per share a year ago. It topped the Zacks Consensus Estimate of $1.25.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Koppers recorded revenues of $554.3 million for the quarter, up around ...

Shares of Koppers (KOP) have gained 3% over the past four weeks to close the last trading session at $38.03, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $64.67 indicates a potential upside of 70.1%.The average comprises three short-term price targets ranging from a low of $64 to a high of $65, with a standard deviation of $0.58. While the lowest estimate indicates an increas ...

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