Item 1.01 Entry into a Material Definitive Agreement.

On August 30, 2022, Haynes International, Inc. (the "Company") entered into Amendment No. 1 to Credit Agreement (the "Amendment") which amended that certain Credit Agreement, dated October 19, 2020 (the "Credit Agreement"), by and among the Company, the Lenders (as defined in the Amendment), and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders.

The Amendment (a) extends the maturity date from October 19, 2023 to April 19, 2024 and (b) switches from a LIBOR-based interest rate calculation to a SOFR-based interest rate calculation for certain borrowings under the Credit Agreement.

The foregoing description of the Amendment does not purport to be a complete statement of the parties' rights under the Amendment and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits





(d)  Exhibits

  10.1          Amendment No. 1 to Credit Agreement

104.1         Cover Page Interactive Data File (embedded within the XBRL document)




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