Hudson Technologies, Inc. announced that the Company has repaid in full the remaining principal balance outstanding under its Credit Agreement with TCW Asset Management Company, LLC (TCW). In addition, on July 31, 2023 Hudson repaid in full its $15 million first-in-last-out (?FILO?) term loan. Over the last 15 months, the Company has paid down $100 million of term loan and FILO debt combined, resulting in over $10 million of annual savings on interest expense, inclusive of any prepayment fees.

Hudson?s current Asset Based Lending (ABL) facility with Wells Fargo Bank otherwise remains in place and will continue to be utilized primarily for working capital needs, including ensuring the maintenance of adequate inventory balances.